Indian Overseas Bank (IOB) reported a significant financial performance for the quarter and nine months ended December 31, 2025. The bank's Net Profit for the third quarter of FY26 surged by 56.18% year-on-year, reaching ₹1,365 Crore, compared to ₹874 Crore in the same period of the previous year. For the nine-month period ended December 31, 2025, Net Profit grew by 62.13% to ₹3,703 Crore from ₹2,284 Crore in the corresponding period of FY25.

The bank witnessed robust business growth, with total deposits increasing by 14.48% year-on-year to ₹34,9302 Crore and advances growing by 24.13% to ₹29,4974 Crore. Net Interest Income (NII) saw a substantial rise of 18.29% year-on-year to ₹3,299 Crore.

Asset quality also showed significant improvement, with Gross NPAs declining by 25.38% year-on-year to ₹4,530 Crore, and Net NPAs reducing by 27.46% to ₹708 Crore. The Gross NPA ratio stood at a healthy 1.54%, and the Net NPA ratio was 0.24% as of December 31, 2025.

Capital Adequacy Ratio (CRAR) was reported at 16.30% as of December 31, 2025, indicating a strong capital position. The bank also highlighted its focus on digital initiatives, financial inclusion, and ESG commitments, alongside receiving multiple accolades for its technological advancements.