Indian Overseas Bank Q1 results: Net profit rises 26.6% to Rs 633 crore

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Indian Overseas Bank Q1 results: Net profit rises 26.6% to Rs 633 crore - Business Standard

Quick Summary:

Total business of the bank during the quarter under review grew by 16.04 per cent to Rs 5,28,773 crore from Rs 4,55,664 crore registered in the same period of last year.

Total income during the quarter under review grew to Rs 7,568 crore up by 21.54 per cent from Rs 6,227 crore registered in the same quarter of last year.

The Non-Interest Income grew by 28.64 per cent year-on-year to Rs 1,033 crore in Q1FY'25 as against Rs 803 crore registered in Q1 of last financial year.