Indian Overseas Bank (IOB) Q1 24/25 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 24/25 earnings summary
1 Sep, 2025Executive summary
Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2024, with limited review by statutory auditors.
No deviation or variation in utilization of funds raised; no new Tier 1 funds raised during the quarter.
Financial highlights
Standalone net profit for Q1 FY25 was ₹63,281 lakhs, up from ₹50,035 lakhs in Q1 FY24, but down from ₹80,810 lakhs in Q4 FY24.
Standalone total income for Q1 FY25 was ₹7,56,800 lakhs, up from ₹6,22,734 lakhs in Q1 FY24.
Consolidated net profit for Q1 FY25 was ₹64,866 lakhs, up from ₹50,403 lakhs in Q1 FY24.
Gross NPA ratio improved to 2.89% (from 7.13% YoY), Net NPA to 0.51% (from 1.44% YoY).
Provision Coverage Ratio stood at 96.96% as of June 30, 2024.
Outlook and guidance
Bank continues to follow prudent provisioning and tax practices, with deferred tax asset reversals and full provisioning for frauds.
No penalties levied by RBI during the quarter.
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