Important StoriesAndhra Pradesh refinery approvals likely by February 2027: BPCLTrade-margin cap on cancer drugs may push up costs elsewhere in supply chain: ExpertsCentre includes E100 in emission framework for flex-fuel vehiclesMarkets will reward growth, not just size: Helios’ Dinshaw IraniTata Communications to spend $450 million on AI connectivity infrastructureFollow UsFOLLOW US ON WHATSAPPHomeGO BACK TO HOME THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. IOB Q2 net profit rises 56% to ₹1,912 crore on higher interest income Interest income of the bank rises 17% to ₹9,201 crore during the September quarter By PTI Updated - October 26, 2026 at 03:29 PM. | New Delhi ×ShareWhatsAppXFacebookLinkedInMessengerRedditMailhttps://www.thehindubusinessline.com/money-and-banking/iob-q2-net-profit-rises-56-to-1912-crore-on-higher-interest-income/article71626309.eceCopy Indian Overseas Bank (IOB) on Monday reported a 56 per cent growth in net profit at ₹1,912 crore for the second quarter ended September 30, buoyed by higher interest income.

The public sector bank had reported a net profit of ₹1,226 crore in the July-September quarter of last fiscal 2025-26.

Interest income of the bank rose 17 per cent to ₹9,201 crore during the September quarter of current fiscal, from ₹7,849 crore in the corresponding quarter of last fiscal.

Gross non-performing assets (NPAs) as a percentage of gross advances improved to 1.19 per cent in Q2 of FY27, from 1.83 per cent in the second quarter of FY26.

Shares of IOB were trading at ₹30.01, up 4.56 per cent over previous close on BSE.

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