Indian Overseas Bank Share Price Gains Over 4% After Q2 FY27 Earnings Results: Total Income Up 13.1% YoY

On October 26, 2026, Indian Overseas Bank released its unaudited consolidated financial results for the quarter and half-year ending September 30, 2026, as per the exchange filings.  

The bank reported a total income of ₹10,427.88 crore for the September 2026 quarter, marking a 13.1% increase compared to the same period last year. Net profit for the quarter rose by 55.9% YoY to ₹1,962.67 crore. 

Indian Overseas Bank Q2 FY27 Earnings Results 

For the quarter ending September 30, 2026, Indian Overseas Bank's total income increased to ₹10,427.88 crore, up from ₹9,216.33 crore in the previous year. However, it saw a decrease of 4.7% from ₹10,937.80 crore in the June 2026 quarter.  

The bank's net profit for the quarter was ₹1,962.67 crore, a 55.9% increase from ₹1,258.82 crore in the previous year and a 14.3% rise from ₹1,716.29 crore in the June 2026 quarter. 

Half-Yearly Performance 

For the half-year ending September 30, 2026, the bank's total income was ₹21,365.68 crore, reflecting an 18.2% increase from ₹18,084.21 crore in the same period last year. Net profit for the half-year rose by 51.0% YoY to ₹3,678.96 crore, compared to ₹2,437.27 crore in the corresponding period of the previous year. 

Consolidated Earnings and Expenses 

The consolidated interest earned for the group was ₹9,201.23 crore, with a consolidated net profit after tax and adjustments of ₹1,912.42 crore. Total consolidated expenditure, excluding provisions, was ₹7,411.39 crore, with employee costs accounting for ₹883.96 crore and other operating expenses at ₹1,193.18 crore. 

Segment Revenues and Balance Sheet 

Treasury operations generated ₹2,358.95 crore in segment revenue, while corporate and wholesale banking operations contributed ₹2,804.80 crore. Retail banking operations achieved the highest segment revenue of ₹5,061.14 crore. Total standalone corporate assets were valued at ₹5,17,865.66 crore, with standalone deposits at ₹4,07,428.18 crore. 

Read More: Wipro Share Price in Focus; Reports Q2 Results, Announces FLARRE.AI Investment! 

Indian Overseas Bank Share Price Performance 

As of October 26, 2026, at 12:55 PM, Indian Overseas Bank share price on NSE was trading at ₹29.84, up by 4.04% from the previous closing price. 

Conclusion 

Indian Overseas Bank's financial results for the September 2026 quarter show a 13.1% YoY increase in total income to ₹10,427.88 crore and a 55.9% rise in net profit to ₹1,962.67 crore. The half-year results also indicate growth in income and profit compared to the previous year. 

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