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Indian Overseas Bank’s Q2 consolidated net profit surges 24% to Rs 779.62 crore
Oct-18-2024

Indian Overseas Bank has reported results for second quarter ended September 30, 2024 (Q2FY25).

The Bank has reported 24.43% rise in its net profit at Rs 777.16 crore for the quarter ended September 30, 2024 as compared to Rs 624.58 crore for the same quarter in the previous year. Total income of the Bank increased by 22.33% at Rs 8,484.14 crore for Q2FY25 as compared to Rs 6,935.21 crore for the corresponding quarter previous year.

On consolidated basis, the Bank has reported 24.31% rise in net profit at Rs 779.62 crore for Q2FY25 as compared to Rs 627.18 crore for the same quarter in the previous year. Total income of the Bank increased by 22.31% at Rs 8,489.90 crore for Q2FY25 as compared to Rs 6,941.50 crore for the corresponding quarter previous year.


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