IOB Q2 net profit rises 56% to ₹1,912 crore on higher interest income

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Interest income of the bank rises 17% to ₹9,201 crore during the September quarter

By PTI

Updated - October 26, 2026 at 03:29 PM. | New Delhi

Indian Overseas Bank (IOB) on Monday reported a 56 per cent growth in net profit at ₹1,912 crore for the second quarter ended September 30, buoyed by higher interest income.

The public sector bank had reported a net profit of ₹1,226 crore in the July-September quarter of last fiscal 2025-26.

Interest income of the bank rose 17 per cent to ₹9,201 crore during the September quarter of current fiscal, from ₹7,849 crore in the corresponding quarter of last fiscal.

Gross non-performing assets (NPAs) as a percentage of gross advances improved to 1.19 per cent in Q2 of FY27, from 1.83 per cent in the second quarter of FY26.

Shares of IOB were trading at ₹30.01, up 4.56 per cent over previous close on BSE.

Published on October 26, 2026

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