Stock Analysis

Indian Overseas Bank Reports Full Year 2024 Earnings

NSEI:IOB
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Indian Overseas Bank (NSE:IOB) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹121.5b (up 38% from FY 2023).
  • Net income: ₹26.7b (up 27% from FY 2023).
  • Profit margin: 22% (down from 24% in FY 2023). The decrease in margin was driven by higher expenses.
earnings-and-revenue-history
NSEI:IOB Earnings and Revenue History May 11th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Indian Overseas Bank shares are down 6.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Indian Overseas Bank's balance sheet health.

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