IOB’s Strong Growth Story Continues: Net Profit Touches All-Time High of ₹1,365 Crore, Up 56.18% YoY
Chennai, January 14, 2026: Indian Overseas Bank (IOB) continued its strong growth momentum in Q3FY26, delivering robust financial performance across profitability, business expansion, asset quality, and capital adequacy. The Bank reported an all-time high net profit of ₹1,365 crore for the quarter ended December 2025, marking a significant year-on-year growth of 56.18% compared to ₹874 crore in Q3FY25. For the nine-month period, net profit surged to ₹3,703 crore, registering an impressive growth of 62.13% YoY. Ajay Kumar Srivastava, MD, IOB Profitability Strengthens Further Operating profit for Q3FY26 stood at ₹2,603 crore, up 14.87% YoY, while operating profit for the nine months rose by 21.27% to ₹7,361 crore. Net Interest Income (NII) increased by 18.29% YoY to ₹3,299 crore during the quarter, with nine-month NII reaching ₹9,104 crore, up 17.20%. The Bank’s domestic Net Interest Margin (NIM) improved to 3.42% in Q3FY26, while Return on Assets (ROA) rose sharply to 1.28% from 0.93% a...