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 Q4FY25 of ₹1,037.00 Crores up from ₹863.00 Crore year on year, a rise of 20.16%.
Total Expenses for Q4FY25 of ₹959.00 Crores up from ₹815.00 Crores year on year, a rise of 17.67%.
Consolidated Net Profit of ₹95.00 Crores up 37.68% from ₹69.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹12.89, up 29.03% from ₹9.99 in the same quarter of the previous year.
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