Indian Overseas Bank (NSE:IOB)

Indian Overseas Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	201,828	240,657	194,070	167,358	169,756
Interest Income on Investments	79,609	-	-	-	-
Total Interest Income	281,436	240,657	194,070	167,358	169,756
Interest Paid on Deposits	172,445	142,265	111,463	104,195	110,695
Net Interest Income	108,992	98,392	82,607	63,164	59,061
Net Interest Income Growth (YoY)	10.77%	19.11%	30.78%	6.95%	11.38%
Gain (Loss) on Sale of Assets	-	22.14	15.84	12.01	14.92
Gain (Loss) on Sale of Investments	-	10,229	-644.6	7,421	18,202
Other Non-Interest Income	56,067	46,402	41,793	41,620	36,639
Total Non-Interest Income	56,067	56,653	41,164	49,053	54,856
Non-Interest Income Growth (YoY)	-1.03%	37.63%	-16.08%	-10.58%	65.91%
Revenues Before Loan Losses	165,058	155,045	123,771	112,217	113,917
Provision for Loan Losses	41,771	33,514	35,939	39,839	50,561
Revenue	123,288	121,531	87,833	72,378	63,356
Revenue Growth (YoY)	1.44%	38.37%	21.35%	14.24%	-
Salaries and Employee Benefits	46,692	61,433	41,024	34,889	37,059
Occupancy Expenses	-	9,079	7,809	6,414	6,962
Selling, General & Administrative	-	1,621	1,508	1,513	1,512
Other Non-Interest Expense	30,871	15,172	13,958	11,774	10,157
Total Non-Interest Expense	77,563	87,305	64,298	54,590	55,690
EBT Excluding Unusual Items	45,725	34,226	23,534	17,788	7,666
Pretax Income	45,725	34,226	23,534	17,788	7,666
Income Tax Expense	11,770	7,569	2,495	695.2	82.4
Net Income	33,955	26,657	21,040	17,093	7,584
Net Income to Common	33,955	26,657	21,040	17,093	7,584
Net Income Growth	27.38%	26.70%	23.09%	125.39%	-
Basic Shares Outstanding	18,969	18,902	18,902	18,902	16,437
Diluted Shares Outstanding	18,969	18,902	18,902	18,902	16,437
Shares Change (YoY)	0.35%	-	-	15.00%	53.97%
EPS (Basic)	1.79	1.41	1.11	0.90	0.46
EPS (Diluted)	1.79	1.41	1.11	0.90	0.46
EPS Growth	26.93%	26.70%	23.09%	96.00%	-
Effective Tax Rate	25.74%	22.12%	10.60%	3.91%	1.07%

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