{"id":163396,"date":"2024-07-31T06:31:51","date_gmt":"2024-07-31T10:31:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=163396"},"modified":"2024-07-31T06:31:53","modified_gmt":"2024-07-31T10:31:53","slug":"indian-overseas-bank-q1fy25-27-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indian-overseas-bank-q1fy25-27-rise-in-profits\/","title":{"rendered":"Indian Overseas Bank Q1FY25; 27% rise in Profits"},"content":{"rendered":"\n

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\n\n\n

Financial Results:<\/strong><\/p>\n\n\n\n

Indian Overseas Bank reported Revenues for Q1FY25 of \u20b96,535.00 Crores up from \u20b95,424.00 Crore year on year, a rise of 20.48%.<\/p>\n\n\n\n

Total Expenses for Q1FY25 of \u20b96,830.00 Crores up from \u20b95,720.00 Crores year on year, a rise of 19.41%.<\/p>\n\n\n\n

Consolidated Net Profit of \u20b9633.00 Crores up 26.6% from \u20b9500.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n

The Earnings per Share is \u20b90.33, up 26.92% from \u20b90.26 in the same quarter of the previous year.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

*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.<\/p>\n\n\n\n

*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 Q1FY25 of \u20b96,535.00 Crores up from \u20b95,424.00 Crore year on year, a rise of 20.48%. Total Expenses for Q1FY25 of \u20b96,830.00 Crores up from […]<\/p>\n","protected":false},"author":1932,"featured_media":163397,"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-163396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-203.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":163583,"url":"https:\/\/alphastreet.com\/india\/indian-bank-q1fy25-39-rise-in-profits\/","url_meta":{"origin":163396,"position":0},"title":"Indian Bank Q1FY25; 39% rise in Profits","author":"Divyansh_Kasana","date":"August 5, 2024","format":false,"excerpt":"Indian Bank is a medium-sized bank which was started in 1907. 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It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. 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