Indian Overseas Bank Q1 Results: IOB’s profit jumps 49% YoY to Rs 1,659 cr; NII up 34% – Check quarterly earning details – Markets

The Chennai-based public sector lender’s net interest income (NII) rose 34 per cent year-on-year to Rs 3,688 crore from Rs 2,747 crore in the corresponding quarter last year. Meanwhile, its net profit climbed 49 per cent to Rs 1,659 crore, compared with Rs 1,111 crore a year earlier.