INDIAN OVERSEAS BANK has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Operating income | Rs m | 48,276 | 45,424 | 45,565 | 0.3% | -5.6% |
Other income | Rs m | 9,869 | 11,462 | 9,174 | -20.0% | -7.0% |
Total revenues | Rs m | 58,144 | 56,886 | 54,739 | -3.8% | -5.9% |
Interest | Rs m | 30,945 | 31,587 | 30,775 | -2.6% | -0.6% |
Gross Profit | Rs m | 17,330 | 13,837 | 14,790 | 6.9% | -14.7% |
Other expenses | Rs m | 15,907 | 10,637 | 12,649 | 18.9% | -20.5% |
Profit before tax | Rs m | -56,454 | -6,091 | -33,704 | ||
Tax | Rs m | -20,387 | -2,631 | -13,853 | ||
Profit after tax | Rs m | -36,067 | -3,460 | -19,852 | ||
Gross profit margin | % | 35.9 | 30.5 | 32.5 | ||
Effective tax rate | % | 36.1 | 43.2 | 41.1 | ||
Net profit margin | % | -74.7 | -7.6 | -43.6 |
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 up from Rs 17.8 to Rs 13.2, registering a Loss of Rs 4.6 or around 25.7%.
Meanwhile, the S&P BSE BANKEX is trading at Rs 32,421.2 (up 0.5%). Over the last one year it has moved up from 29,357.7 to 32,421.2, a gain of 3,063 points (up 10.4%).
Overall, the S&P BSE SENSEX is up 6.2% over the year.
At the current price of Rs 13.2, the price to book value (P/BV) ratio of INDIAN OVERSEAS BANK stands at 0.1 times.
For the quarter ended June 2019, INDIAN OVERSEAS BANK has posted a net profit of Rs 3 bn (up 62.8% YoY). Sales on the other hand came in at Rs 43 bn (up 2.1% YoY). Read on for a complete analysis of INDIAN OVERSEAS BANK's quarterly results.
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