Indian Overseas Bank Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019 - 2015
Interest Income on Loans	249,826	240,657	194,070	167,358	169,756	174,061	Upgrade
Interest Paid on Deposits	152,196	142,265	111,463	104,195	110,695	121,033	Upgrade
Net Interest Income	99,576	98,392	82,607	63,164	59,061	53,028	Upgrade
Net Interest Income Growth (YoY)	12.76%	19.11%	30.78%	6.95%	11.38%	0.45%	Upgrade
Gain (Loss) on Sale of Assets	22.14	22.14	15.84	12.01	14.92	56.33	Upgrade
Gain (Loss) on Sale of Investments	10,229	10,229	-644.6	7,421	18,202	4,804	Upgrade
Other Non-Interest Income	48,820	46,402	41,793	41,620	36,639	28,203	Upgrade
Total Non-Interest Income	59,071	56,653	41,164	49,053	54,856	33,064	Upgrade
Non-Interest Income Growth (YoY)	36.48%	37.63%	-16.08%	-10.58%	65.91%	-21.40%	Upgrade
Revenues Before Loan Losses	158,647	155,045	123,771	112,217	113,917	86,092	Upgrade
Provision for Loan Losses	34,513	33,514	35,939	39,839	50,561	118,782	Upgrade
Revenue	124,134	121,531	87,833	72,378	63,356	-32,690	Upgrade
Revenue Growth (YoY)	32.66%	38.37%	21.35%	14.24%	-	-	Upgrade
Salaries and Employee Benefits	60,519	61,433	41,024	34,889	37,059	32,407	Upgrade
Occupancy Expenses	9,079	9,079	7,809	6,414	6,962	7,782	Upgrade
Selling, General & Administrative	1,621	1,621	1,508	1,513	1,512	1,555	Upgrade
Other Non-Interest Expense	16,261	15,172	13,958	11,774	10,157	9,544	Upgrade
Total Non-Interest Expense	87,480	87,305	64,298	54,590	55,690	51,288	Upgrade
EBT Excluding Unusual Items	36,653	34,226	23,534	17,788	7,666	-83,978	Upgrade
Other Unusual Items	-	-	-	-	-	533.1	Upgrade
Pretax Income	36,653	34,226	23,534	17,788	7,666	-83,445	Upgrade
Income Tax Expense	8,550	7,569	2,495	695.2	82.4	1,829	Upgrade
Net Income	28,103	26,657	21,040	17,093	7,584	-85,274	Upgrade
Net Income to Common	28,103	26,657	21,040	17,093	7,584	-85,274	Upgrade
Net Income Growth	26.88%	26.70%	23.09%	125.39%	-	-	Upgrade
Basic Shares Outstanding	18,902	18,902	18,902	18,902	16,437	10,676	Upgrade
Diluted Shares Outstanding	18,902	18,902	18,902	18,902	16,437	10,676	Upgrade
Shares Change (YoY)	-	-	-	15.00%	53.97%	94.99%	Upgrade
EPS (Basic)	1.49	1.41	1.11	0.90	0.46	-7.99	Upgrade
EPS (Diluted)	1.49	1.41	1.11	0.90	0.46	-7.99	Upgrade
EPS Growth	-	26.70%	23.09%	96.00%	-	-	Upgrade
Effective Tax Rate	23.33%	22.12%	10.60%	3.91%	1.07%	-	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.