India · Delayed Price · Currency is INR Indian Overseas Bank Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY26 saw record net profit growth of 56% year-over-year, with strong advances and deposit growth, improved asset quality, and robust capital ratios. Credit growth is expected to remain high, with further stake dilution and dividend payout planned next year.
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Record net profit and robust growth in advances and deposits marked Q2 FY26, with strong asset quality and digital adoption. Management expects to exceed credit growth guidance, supported by high capital adequacy and ongoing branch and digital expansion.
Fiscal Year 2025
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Business mix surpassed INR 561,000 crores with 11.3% growth, net profit up 25.56% year-on-year, and asset quality remained strong despite a large one-off NPA. Guidance targets 14%-15% credit growth, improved cost-to-income, and robust capital adequacy.
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Q3 FY25 saw net profit rise 20.89% year-on-year to INR 874 crore, with strong growth in retail and agriculture advances, improved asset quality, and a capital adequacy ratio of 16.97%. Management targets over 13% growth in deposits and credit for FY25.