Indian Overseas Bank (BOM:532388)

Indian Overseas Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	296,231	281,436	240,657	194,070	167,358	169,756
Interest Paid on Deposits	182,633	172,445	142,265	111,463	104,195	110,695
Net Interest Income	117,258	108,992	98,392	82,607	63,164	59,061
Net Interest Income Growth (YoY)	15.54%	10.77%	19.11%	30.78%	6.95%	11.38%
Gain (Loss) on Sale of Assets	17.96	17.96	22.14	15.84	12.01	14.92
Gain (Loss) on Sale of Investments	5,243	5,243	10,229	-644.6	7,421	18,202
Other Non-Interest Income	52,595	50,805	46,402	41,793	41,620	36,639
Total Non-Interest Income	57,856	56,067	56,653	41,164	49,053	54,856
Non-Interest Income Growth (YoY)	-9.97%	-1.03%	37.63%	-16.08%	-10.58%	65.91%
Revenues Before Loan Losses	175,114	165,058	155,045	123,771	112,217	113,917
Provision for Loan Losses	36,094	41,771	33,514	35,939	39,839	50,561
Revenue	139,020	123,288	121,531	87,833	72,378	63,356
Revenue Growth (YoY)	6.76%	1.44%	38.37%	21.35%	14.24%	-
Salaries and Employee Benefits	45,414	46,692	61,433	41,024	34,889	37,059
Occupancy Expenses	10,015	10,015	9,051	7,809	6,414	6,962
Selling, General & Administrative	1,820	1,820	1,621	1,508	1,513	1,512
Other Non-Interest Expense	20,816	19,035	15,200	13,958	11,774	10,157
Total Non-Interest Expense	77,264	77,563	87,305	64,298	54,590	55,690
EBT Excluding Unusual Items	61,756	45,725	34,226	23,534	17,788	7,666
Pretax Income	61,756	45,725	34,226	23,534	17,788	7,666
Income Tax Expense	17,711	11,770	7,569	2,495	695.2	82.4
Net Income	44,045	33,955	26,657	21,040	17,093	7,584
Net Income to Common	44,045	33,955	26,657	21,040	17,093	7,584
Net Income Growth	48.66%	27.38%	26.70%	23.09%	125.39%	-
Basic Shares Outstanding	19,190	18,991	18,902	18,902	18,902	16,437
Diluted Shares Outstanding	19,190	18,991	18,902	18,902	18,902	16,437
Shares Change (YoY)	-	0.47%	-	-	15.00%	53.97%
EPS (Basic)	2.30	1.79	1.41	1.11	0.90	0.46
EPS (Diluted)	2.30	1.79	1.41	1.11	0.90	0.46
EPS Growth	-	26.79%	26.70%	23.09%	96.00%	-
Effective Tax Rate	28.68%	25.74%	22.12%	10.60%	3.91%	1.07%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.