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

Image
Capital Market
Last Updated : May 18 2022 | 3:31 PM IST

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

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 18 2022 | 3:06 PM IST

Next Story