Indian Overseas Bank standalone net profit rises 57.93% in the March 2022 quarter

18 May 2022 , 03:06 PM

Net profit of Indian Overseas Bank rose 57.93% to Rs 552.38 crore in the quarter ended March 2022 as against Rs 349.77 crore during the previous quarter ended March 2021. Total Operating Income rose 3.87% to Rs 4214.52 crore in the quarter ended March 2022 as against Rs 4057.43 crore during the previous quarter ended March 2021. For the full year,net profit rose 105.60% to Rs 1709.54 crore in the year ended March 2022 as against Rs 831.47 crore during the previous year ended March 2021. Total Operating Income declined 1.39% to Rs 16729.87 crore in the year ended March 2022 as against Rs 16965.53 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Total Operating Income	4214.52	4057.43	4	16729.87	16965.53	-1
OPM %	40.36	24.19	–	43.60	37.42	–
PBDT	600.19	343.65	75	1779.06	839.71	112
PBT	600.19	343.65	75	1779.06	839.71	112
NP	552.38	349.77	58	1709.54	831.47	106

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