Indian Overseas Bank Q2 FY27: net profit up 55.95% YoY to Rs 1912 crore, GNPA falls to 1.19%
Q2 net profit up 55.95% YoY to Rs 1912 cr, NII up 26.41%, advances up 24.35%, GNPA down to 1.19%.
By ScoutQuest · · 1 min read
- Q2 Net Profit
- Rs 1912 crore, up 55.95% YoY
- Net Interest Income
- Rs 3867 crore, up 26.41% YoY
- GNPA
- 1.19%
- Period
- Quarter ended Sep-26 (H1 26-27)
- Positioning
- Indian Overseas Bank presents itself as a bank with total business of Rs 753078 crore, deposits of Rs 407428 crore and advances of Rs 345650 crore as of Sep-26.
📈 Net profit for the quarter ended Sep-26 was Rs 1912 crore, up 55.95% year on year, and H1 26-27 net profit was Rs 3572 crore, up 52.85%. Net interest income rose 26.41% to Rs 3867 crore and operating profit 25.67% to Rs 3016 crore.
📉 Non-interest income fell 10.11% YoY to Rs 1227 crore in the quarter, with PSLC commission at 0 versus Rs 863 crore in Jun-26; fee based income (global) dropped 23.92% YoY to Rs 563 crore.
📉 Asset quality improved: GNPA fell to 1.19% and NNPA to 0.16%, with PCR at 97.69%. Overseas advances still carry a 6.26% NPA ratio versus 0.84% domestically.
🎯 Balance sheet growth was strong: deposits up 20.16% and advances up 24.35% YoY; CRAR stood at 18.60% with CET1 at 16.26%. The presentation labels these as strengthening financial indicators but these slides state no targets.
Also from Indian Overseas Bank
CFO change: Akshit Choudhary appointed Chief Financial Officer from 01.11.2026
27 Oct 2026
IOB shares were down 2% in trading today and in focus
27 Oct 2026
Q2 FY27: Net profit up 55.95% to ₹1,912 Cr, gross NPA 1.19%, global business up 22.05%
26 Oct 2026
More numbers
- Net Profit, quarter Sep-261912 (Rs. In Crores)
- Net Profit YoY growth, Sep-2655.95%
- Net Interest Income, quarter Sep-263867 (Rs. In Crores)
- Operating Profit, quarter Sep-263016 (Rs. In Crores)
- ROE, Sep-2624.58%
- NIM (Global), Sep-263.37%
- GNPA%, Sep-261.19%
- NNPA%, Sep-260.16%
- Total Deposits, Sep-26407428 (Rs. In Crores)
- Advances, Sep-26345650 (Rs. In Crores)
- Net Profit, H1 26-273572 (Rs. In Crores)
- CRAR, Sep-2618.60%
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.