Indian Overseas Bank Share Price Gains Over 3% After Q1 FY27 Earnings Results: Total Income Up 23.3% YoY

On July 20, 2026, Indian Overseas Bank has reported its unaudited consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.  

The bank posted a total income of ₹10,937.80 crore and a net profit of ₹1,716.29 crore for the quarter ending June 30, 2026. 

Indian Overseas Bank Q1 FY27 Earnings Results  

For the June 2026 quarter, Indian Overseas Bank's total income reached ₹10,937.80 crore, marking a 23.3% YoY increase from ₹8,867.88 crore in June 2025. The bank also saw an 11.9% QoQ growth from ₹9,779.87 crore in March 2026.  

The net profit (PAT) for this quarter surged by 45.6% YoY to ₹1,716.29 crore, up from ₹1,178.45 crore in the previous year. The QoQ increase in net profit was 10.3%, rising from ₹1,556.15 crore in March 2026. 

Annual Financial Performance for FY26 

For the financial year 2026, Indian Overseas Bank's total income stood at ₹37,532.15 crore. The net profit for the same period was ₹5,418.46 crore. These figures reflect the bank's ongoing financial performance and growth over the year. 

Read More: KEC International Share Price Rises Over 4% on July 15, 2026, After Securing ₹1,180 Crore New Orders! 

Comparison with Previous Quarters 

Comparing the June 2026 quarter with the March 2026 quarter, Indian Overseas Bank experienced an 11.9% increase in total income, rising from ₹9,779.87 crore to ₹10,937.80 crore. The net profit also saw a 10.3% rise from ₹1,556.15 crore to ₹1,716.29 crore. These figures indicate a consistent upward trend in the bank's financial performance. 

About Indian Overseas Bank  

Indian Overseas Bank (IOB) is a major state-owned Indian bank headquartered in Chennai, Tamil Nadu. Founded in 1937, it operates thousands of domestic branches and holds a strategic international presence. IOB offers standard banking products like personal accounts, loans, credit cards, and digital services. 

Indian Overseas Bank Share Price Performance  

As of July 20, 2026, at 2:10 PM, Indian Overseas Bank share price on NSE was trading at ₹34.88, up by 3.04% from the previous closing price. 

Conclusion 

Indian Overseas Bank's financial results for the June 2026 quarter show a 23.3% YoY increase in total income to ₹10,937.80 crore and a 45.6% YoY rise in net profit to ₹1,716.29 crore. The bank's annual total income reached ₹37,532.15 crore, with a net profit of ₹5,418.46 crore. 

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