Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969.
Financial Results:
Indian Overseas Bank reported Revenues for Q4FY24 of ₹6,629.00 Crores up from ₹5,192.00 Crore year on year, a rise of 27.68%.
Total Expenses for Q4FY24 of ₹7,913.00 Crores up from ₹5,736.00 Crores year on year, a rise of 37.95%.
Consolidated Net Profit of ₹808.00 Crores up 24.31% from ₹650.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.43, up 26.47% from ₹0.34 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.