New Delhi, Oct. 16 -- Indian Overseas Bank (IOB) announced a record net profit for the quarter ending September 30, 2025, at Rs.1,226 crore. The figure was higher by 57.79% year-over-year (YoY).

The bank's operating profit increased by 12.78% to Rs.2,400 crore, driven by a 20.53% rise in Net Interest Income (NII) to Rs.3,059 crore. Net Interest Margin (NIM) for domestic operations improved to 3.35% and global operations to 3.21% indicating a healthy spread between interest income and expenditure.

IOB's cost efficiency measures resulted in a reduction of the Cost to Income Ratio by 321 basis points to 45.76%. The Return on Assets (ROA) increased by 38 basis points to 1.20%, and the Return on Equity (ROE) rose by 305 basis points to 19.95...