Results     13-May-23
Announcements
Indian Overseas Bank consolidated net profit rises 18.82% in the March 2023 quarter
Total Operating Income rise 23.22% to Rs 5194.72 crore
Net profit of Indian Overseas Bank rose 18.82% to Rs 655.63 crore in the quarter ended March 2023 as against Rs 551.78 crore during the previous quarter ended March 2022. Total Operating Income rose 23.22% to Rs 5194.72 crore in the quarter ended March 2023 as against Rs 4215.98 crore during the previous quarter ended March 2022.

For the full year,net profit rose 23.09% to Rs 2103.99 crore in the year ended March 2023 as against Rs 1709.28 crore during the previous year ended March 2022. Total Operating Income rose 15.96% to Rs 19406.97 crore in the year ended March 2023 as against Rs 16735.84 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Total Operating Income5194.724215.98 23 19406.9716735.84 16
OPM %45.6740.33 -48.3543.58 -
PBDT891.35599.76 49 2353.331778.97 32
PBT891.35599.76 49 2353.331778.97 32
NP655.63551.78 19 2103.991709.28 23

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