IOB Q4 profit climbs 30% to Rs 1,051 crore
- Posted on May 2, 2025
- By Financial Express
- 2 Views
IOB Q4 profit climbs 30% to Rs 1,051 crore
Indian Overseas Bank reported a 30% YoY rise in Q4FY25 net profit to Rs 1,051 crore, driven by higher interest income and lower expenses. Net interest income grew 13%, while gross NPA improved to 2.14%. IOB aims for Rs 4,500 crore recovery in FY26 amid strong retail and MSME lending growth.
