Indian Overseas Bank's Q4FY25 Quarter Results
- 03 May 2025
Result Summary
- Indian Overseas Bank reported a 8.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 37.4%.
- Its expenses for the quarter were up by 16.3% QoQ and 50.7% YoY.
- The net profit decreased 7.4% QoQ and increased 23.6% YoY.
- The earnings per share (EPS) of Indian Overseas Bank - at - during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 9112.67 | 8415.34 | 6630.57 | 8.3% | 37.4% |
Total Expenses | 7149.15 | 6147.72 | 4743.37 | 16.3% | 50.7% |
Provisions & contingencies | 767.56 | 1028.64 | 995.85 | -25.4% | -22.9% |
Profit Before Tax | 1195.96 | 1238.98 | 891.35 | -3.5% | 34.2% |
Tax | 385.54 | 363.71 | 235.72 | 6.0% | 63.6% |
Profit After Tax | 810.42 | 875.27 | 655.63 | -7.4% | 23.6% |
Earnings Per Share | 0.00 | 0.00 | 0.00 | - | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indian Overseas Bank is a prominent public sector bank in India, established to provide a range of banking products and services. The bank operates in the financial services industry, primarily focusing on retail and corporate banking. Its offerings include savings accounts, loans, credit cards, and wealth management services. As a government-owned bank, Indian Overseas Bank has a significant presence across India, catering to both individual and institutional clients. The bank has been actively involved in adopting digital banking solutions to enhance its service delivery and customer experience. Recent developments in the banking sector, including regulatory changes and digital transformation, may impact the bank's strategic initiatives and operational performance.
Revenue
In the fourth quarter of the fiscal year 2025 (Q4FY25), Indian Overseas Bank reported a total income of ₹9112.67 crores. This marks an increase of 8.3% quarter-over-quarter (QoQ) from ₹8415.34 crores in Q3FY25 and a substantial year-over-year (YoY) growth of 37.4% compared to ₹6630.57 crores in Q4FY24. The growth in total income reflects the bank’s ability to generate revenue through its core banking operations and other income streams. The consistent increase in revenue over both the QoQ and YoY periods suggests a positive trend in the bank's income generation capabilities.
Profitability
The bank's profitability metrics for Q4FY25 indicate a profit before tax (PBT) of ₹1195.96 crores, which represents a slight decrease of 3.5% QoQ from ₹1238.98 crores in Q3FY25. However, there is a notable YoY increase of 34.2% from ₹891.35 crores in Q4FY24. The provision and contingencies for the quarter were ₹767.56 crores, decreasing by 25.4% QoQ and 22.9% YoY, which could have contributed positively to the bank's profitability. The profit after tax (PAT) for Q4FY25 was ₹810.42 crores, down by 7.4% QoQ from ₹875.27 crores in Q3FY25 but up by 23.6% YoY from ₹655.63 crores in Q4FY24. The tax expense for the quarter was ₹385.54 crores, showing a 6.0% increase QoQ and a significant 63.6% rise YoY, impacting the net profit figures.
Operating Metrics
Total expenses for Indian Overseas Bank in Q4FY25 amounted to ₹7149.15 crores, reflecting an increase of 16.3% QoQ from ₹6147.72 crores in Q3FY25 and a 50.7% rise YoY from ₹4743.37 crores in Q4FY24. The rise in expenses over these periods indicates increased operational costs or investment in areas such as technology, personnel, or other operational facets. Despite the growth in total income, the increased expenses have had a notable impact on the bank's profitability metrics. The bank’s operating performance, indicated by the trends in income and expenses, highlights the ongoing management of revenue streams against expenditures. Earnings per share (EPS) remained at 0.00, suggesting no change in this metric for the reporting periods, potentially indicating no distribution of earnings in the form of dividends or stock buybacks during the quarter.
