Indian Overseas Bank Q1: 4 Key Factors Behind Its 49% Profit Growth
India, July 20 -- The share of this company, which specializes in foreign exchange and international banking, continues to operate thousands of domestic branches alongside international branches in Singapore and Hong Kong
With a market capitalization of Rs 67,398 crore, Indian Overseas Bank's share on Monday made a day high of Rs 35.52 per share, up by 5.05 percent from its previous day's close price of Rs 33.81 per share. The share of the company gave a negative return of 12 percent over the last year.
Results overview
QoQ View
The Net Interest Income grew by 6.28 percent QoQ to Rs 3,688 crore in Q1 FY27 from Rs 3,470 crore in Q4 FY26, and Operating Profit grew by 1.05 percent QoQ to Rs 2,693 crore in Q1 FY27 from Rs 2,665 crore in Q4 ...
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