Stock Report

Indian Overseas Bank posts Rs. 148.14 crore PAT in Q2FY21



Posted On : 2020-11-06 16:47:03( TIMEZONE : IST )

Indian Overseas Bank posts Rs. 148.14 crore PAT in Q2FY21

INDIAN OVERSEAS BANK has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.5430.58 crores during the period ended September 30, 2020 as compared to Rs.5233.63 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.148.14 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.120.69 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.09 for the period ended September 30, 2020 as compared to Rs.0.07 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 5430.58 crs₹ 5233.63 crsUp Tick 3.76%
Net Profit₹ 148.14 crs₹ 120.69 crsUp Tick 22.74%
EPS₹ 0.09₹ 0.07Up Tick 28.57%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.5430.58 crores during the period ended September 30, 2020 as compared to Rs.5024 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.148.14 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(2253.64) crores for the period ended September 30, 2019.

The company has reported EPS of Rs.0.09 for the period ended September 30, 2020 as compared to Rs.(2.47) for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 5430.58 crs₹ 5024 crsUp Tick 8.09%
Net Profit₹ 148.14 crs₹ (2253.64) crsUp Tick 106.57%
EPS₹ 0.09₹ (2.47)Up Tick 103.64%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.10664.21 crores during the 6 months period ended September 30, 2020 as compared to Rs.10030.48 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.268.83 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.(2595.72) crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.0.16 for the 6 months period ended September 30, 2020 as compared to Rs.(2.84) for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 10664.21 crs₹ 10030.48 crsUp Tick 6.32%
Net Profit₹ 268.83 crs₹ (2595.72) crsUp Tick 110.36%
EPS₹ 0.16₹(2.84)Up Tick 105.63%

Shares of INDIAN OVERSEAS BANK was last trading in BSE at Rs.9.72 as compared to the previous close of Rs. 9.34. The total number of shares traded during the day was 186863 in over 297 trades.

The stock hit an intraday high of Rs. 9.8 and intraday low of 9.4. The net turnover during the day was Rs. 1798899.

Source : Equity Bulls

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