INDIAN OVERSEAS BANK has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Operating income | Rs m | 42,486 | 45,565 | 43,364 | -4.8% | 2.1% |
Other income | Rs m | 10,781 | 9,174 | 6,701 | -27.0% | -37.8% |
Total revenues | Rs m | 53,267 | 54,739 | 50,065 | -8.5% | -6.0% |
Interest | Rs m | 30,405 | 30,775 | 30,479 | -1.0% | 0.2% |
Gross Profit | Rs m | 12,081 | 14,790 | 12,885 | -12.9% | 6.7% |
Other expenses | Rs m | 11,542 | 12,649 | 11,304 | -10.6% | -2.1% |
Profit before tax | Rs m | -12,686 | -33,704 | -3,297 | ||
Tax | Rs m | -3,491 | -13,853 | 124 | ||
Profit after tax | Rs m | -9,194 | -19,852 | -3,421 | ||
Gross profit margin | % | 28.4 | 32.5 | 29.7 | ||
Effective tax rate | % | 27.5 | 41.1 | -3.8 | ||
Net profit margin | % | -21.6 | -43.6 | -7.9 |
To see how INDIAN OVERSEAS BANK has performed over the last eight quarters,please visit here.
Over the last one year,INDIAN OVERSEAS BANK share price has moved down from Rs 13.9 to Rs 11.6, registering a Loss of Rs 2.4 or around 17.0%.
Meanwhile, the S&P BSE BANKEX is trading at Rs 32,833.7 (down 0.2%). Over the last one year it has moved up from 29,954.1 to 32,833.7, a gain of 2,880 points (up 9.6%).
Overall, the S&P BSE SENSEX is up 3.3% over the year.
At the current price of Rs 11.6, the price to book value (P/BV) ratio of INDIAN OVERSEAS BANK stands at 0.1 times.
A timeline of how YES Bank went from a stock market darling to a pariah.
Top factors that dragged the markets lower today.
For the quarter ended March 2019, INDIAN OVERSEAS BANK has posted a net profit of Rs 20 bn (up 45.0% YoY). Sales on the other hand came in at Rs 46 bn (down 5.6% YoY). Read on for a complete analysis of INDIAN OVERSEAS BANK's quarterly results.
For the quarter ended December 2018, INDIAN OVERSEAS BANK has posted a net profit of Rs 3 bn (up 63.2% YoY). Sales on the other hand came in at Rs 45 bn (up 6.8% YoY). Read on for a complete analysis of INDIAN OVERSEAS BANK's quarterly results.
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