{"id":150873,"date":"2023-08-02T08:33:32","date_gmt":"2023-08-02T12:33:32","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150873"},"modified":"2023-08-02T08:33:33","modified_gmt":"2023-08-02T12:33:33","slug":"indian-overseas-bank-q1fy24-28-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indian-overseas-bank-q1fy24-28-rise-in-profits\/","title":{"rendered":"Indian Overseas Bank Q1FY24; 28% rise in Profits"},"content":{"rendered":"<p>Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Indian Overseas Bank reported Revenues for Q1FY24 of \u20b95,424.00 Crores up from \u20b94,435.00 Crore year on year, a rise of 22.3%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b95,720.00 Crores up from \u20b94,632.00 Crores year on year, a rise of 23.49%.<\/li>\n<li>Consolidated Net Profit of \u20b9500.00 Crores up 27.55% from \u20b9392.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b90.26, up 23.81% from \u20b90.21 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71-839x1024.png\" alt=\"\" class=\"wp-image-150875\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-71.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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. <br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 Q1FY24 of \u20b95,424.00 Crores up from \u20b94,435.00 Crore year on year, a rise of 22.3%. Total Expenses for Q1FY24 of \u20b95,720.00 Crores up from [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[151],"class_list":["post-150873","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":164662,"url":"https:\/\/alphastreet.com\/india\/south-indian-bank-ltd-q1fy24-76-rise-in-profits-2\/","url_meta":{"origin":150873,"position":0},"title":"South Indian Bank Ltd Q1FY24; 76% rise in Profits","author":"Chirag Gupta","date":"October 2, 2024","format":false,"excerpt":"Established in 1929, South Indian Bank was the first \u2018scheduled bank\u2019 amongst the private banks in Kerala. It has strong presence in south India and particularly in Kerala. South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-16.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149503,"url":"https:\/\/alphastreet.com\/india\/south-indian-bank-ltd-q1fy24-76-rise-in-profits\/","url_meta":{"origin":150873,"position":1},"title":"South Indian Bank Ltd Q1FY24; 76% rise in Profits","author":"Chirag Gupta","date":"July 20, 2023","format":false,"excerpt":"South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. Financial Results: South Indian Bank Ltd reported Revenues for Q1FY24 of \u20b92,025.00 Crores up from \u20b91,622.00 Crore year on year, a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-105.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154371,"url":"https:\/\/alphastreet.com\/india\/bang-overseas-ltd-q1fy24-13-rise-in-revenue\/","url_meta":{"origin":150873,"position":2},"title":"Bang Overseas Ltd Q1FY24; 13% rise in Revenue","author":"Hardik Bhandare","date":"August 21, 2023","format":false,"excerpt":"Incorporated in 1992, Bang Overseas Ltd (BOL) is a manufacturer and exporter of men\u2019s wear from India and Macedonia. They also provide services like concept development, designing, manufacturing, logistics and marketing Financial Results: Bang Overseas Ltd reported Revenues for Q1FY24 of \u20b929.68 Crores up from \u20b926.20 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1220.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166571,"url":"https:\/\/alphastreet.com\/india\/indian-overseas-bank-q3fy25-21-rise-in-profits\/","url_meta":{"origin":150873,"position":3},"title":"Indian Overseas Bank Q3FY25; 21% rise in Profits","author":"Divyansh_Kasana","date":"January 31, 2025","format":false,"excerpt":"Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. 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Total Expenses for Q3FY25\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/U-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168329,"url":"https:\/\/alphastreet.com\/india\/indian-overseas-bank-q4fy25-38-rise-in-profits\/","url_meta":{"origin":150873,"position":4},"title":"Indian Overseas Bank Q4FY25; 38% rise in Profits","author":"Divyansh_Kasana","date":"May 12, 2025","format":false,"excerpt":"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 \u20b91,037.00 Crores up from \u20b9863.00 Crore year on year, a rise of 20.16%. 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It was one of the 14 major banks that were nationalized in 1969. Financial Results: Indian Overseas Bank reported Revenues for Q2FY25 of \u20b96,854.00 Crores up from \u20b95,825.00 Crore year on year, a rise of 17.67%. 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