Indian Overseas Bank standalone net profit rises 57.93% in the March 2022 quarter

Total Operating Income rise 3.87% to Rs 4214.52 crore

Net profit of Indian Overseas Bank rose 57.93% to Rs 552.38 crore in the quarter ended March 2022 as against Rs 349.77 crore during the previous quarter ended March 2021. Total Operating Income rose 3.87% to Rs 4214.52 crore in the quarter ended March 2022 as against Rs 4057.43 crore during the previous quarter ended March 2021.

For the full year,net profit rose 105.60% to Rs 1709.54 crore in the year ended March 2022 as against Rs 831.47 crore during the previous year ended March 2021. Total Operating Income declined 1.39% to Rs 16729.87 crore in the year ended March 2022 as against Rs 16965.53 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Total Operating Income4214.524057.43 4 16729.8716965.53 -1 OPM %40.3624.19 -43.6037.42 - PBDT600.19343.65 75 1779.06839.71 112 PBT600.19343.65 75 1779.06839.71 112 NP552.38349.77 58 1709.54831.47 106

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