New Delhi, July 20 -- Indian Overseas Bank (IOB) share price jumped 3% to Rs.34.91 on NSE, after the company reported strong set of numbers during the June quarter (Q1 results 2026). The banking stock opened at Rs.34.14 apiece today, as compared to previous close of Rs.33.81 on Friday last week.

Indian Overseas Bank delivered a robust performance for the quarter ended June 30, 2026, with its net profit surging nearly 50% year-on-year (YoY), driven by healthy growth in net interest income and improved asset quality.

The public sector lender reported a 49.3% year-on-year rise in net profit to Rs.1,659 crore for the June quarter, up from Rs.1,111 crore in the same period last year.

Meanwhile, net interest income (NII) increased 34% to Rs....