Performance
Analysis
Q2-FY2024-25
17.10.2024
INDEX
VISION | ---------- | 3 |
PERFORMANCE HIGHLIGHTS | ---------- | 4 |
FINANCIAL PERFORMANCE | ---------- | 6 |
BUSINESS PERFORMANCE | ---------- | 13 |
NPA MANAGEMENT | ---------- | 21 |
CAPITAL ADEQUACY | ---------- | 24 |
FINANCIAL INCLUSION | ---------- | 26 |
DIGITAL INITIATIVES | ---------- | 32 |
CUSTOMER TOUCH POINT | ---------- | 40 |
SHARE HOLDING PATTERN | ---------- | 42 |
ASSETS & LIABILITIES | ---------- | 44 |
ESG INITIATIVES | ---------- | 45 |
ACCOLADES & AWARDS | ……….. | 49 |
2
Performance Analysis Q2-FY25
VISION MISSION STATEMENT
Shri M Ct M Chidambaram Chettyar
IOB Founder Chairman
Performance Analysis Q2-FY25
PERFORMANCE HIGHLIGHTS
BUSINESS GROWTH
(Rs. In Crores) | |||||||||
Parameters | Sep-23 | Jun-24 | Sep-24 | Q-O-Q ( %) | Y-O-Y ( %) | ||||
CASA | 119206 | 125947 | 131856 | 4.69% | 10.61% | ||||
BUSINESS GROWTH | CASA% | 43.65% | 42.17% | 42.44% | 28 bps | (121 bps) | |||
Total Deposits | 273093 | 298681 | 310652 | 4.01% | 13.75% | ||||
Home Loan | 25596 | 28788 | 30203 | 4.92% | 18.00% | ||||
Jewel Loan | 41572 | 52907 | 57718 | 9.09% | 38.84% | ||||
Advances | 208913 | 230092 | 230149 | 0.02% | 10.16% | ||||
Business | 482006 | 528773 | 540801 | 2.27% | 12.20% |
PROFITABILITY | |||||||
Parameters | Sep-23 | Jun-24 | Sep-24 | ||||
PROFITABLITY | Net Interest Income | 2346 | 2441 | 2538 | |||
Net Profit | 625 | 633 | 777 | ||||
Net Interest Margin | 3.12% | 3.06% | 3.08% | ||||
Operating Expenses | 1783 | 1798 | 2042 | ||||
Operating Profit | 1677 | 1676 | 2128 | ||||
Q-O-Q ( %) | Y-o-Y ( %) |
3.97% | 8.18% |
2 bps | (4 bps) |
13.59% | 14.55% |
26.97% | 26.89% |
22.75% | 24.32% |
4
Performance Analysis Q2-FY25
PERFORMANCE HIGHLIGHTS
ASSET QUALITY
Parameters | Sep-23 | Jun-24 | Sep-24 | |
ASSET QUALITY | Gross NPA | 9893 | 6649 | 6249 |
Net NPA | 1364 | 1154 | 1059 | |
GNPA% | 4.74% | 2.89% | 2.72% | |
NNPA% | 0.68% | 0.51% | 0.47% | |
(Rs. In Crores)
Q-O-Q ( %) | Y-o-Y (%) |
-6.02% | -36.83% |
-8.23% | -22.36% |
(17 bps) | (202 bps) |
(5 bps) | (21 bps) |
STRENGTHENING FINANCIAL INDICATORS
STRENGTHENING FINANCIAL INDICATORS | Parameters | Sep-23 | Jun-24 | Sep-24 |
PCR | 96.76% | 96.96% | 97.06% | |
CRAR | 17.00% | 17.82% | 17.45% | |
ROA | 0.75% | 0.70% | 0.82% | |
ROE | 16.16% | 14.10% | 16.90% | |
Q-O-Q ( %) Y-o-Y ( %)
10 bps | 30 bps |
(37 bps) | 45 bps |
12 bps | 7 bps |
280 bps | 74 bps |
5
Performance Analysis Q2-FY25
FINANCIAL PERFORMANCE
(Rs. In Crores)
Quarter Ending | |||
Particulars | |||
Sep-23 | Jun-24 | Sep-24 | |
Interest Income | 5821 | 6535 | 6851 |
Interest Expenses | 3475 | 4094 | 4313 |
Net Interest Income | 2346 | 2441 | 2538 |
Non Interest Income | 1114 | 1033 | 1633 |
Operating Income | 3460 | 3474 | 4171 |
Operating Expenses | 1783 | 1798 | 2042 |
Operating Profit | 1677 | 1676 | 2128 |
Total Provisions | 1044 | 938 | 1146 |
Tax expenses | 8 | 105 | 205 |
Net Profit/Loss | 625 | 633 | 777 |
Half Year Ended | Growth % | ||||
HY 24-25 | |||||
HY 23-24 | HY 24-25 | Q-o-Q | Y-o-Y | Over | |
HY 23-24 | |||||
11245 | 13386 | 4.84% | 17.69% | 19.04% | |
6577 | 8407 | 5.35% | 24.12% | 27.83% | |
4668 | 4979 | 3.97% | 8.18% | 6.65% | |
1917 | 2666 | 58.13% | 46.63% | 39.09% | |
6585 | 7645 | 20.05% | 20.54% | 16.09% | |
3563 | 3841 | 13.59% | 14.55% | 7.79% | |
3022 | 3804 | 26.97% | 26.89% | 25.88% | |
1883 | 2084 | 22.23% | 9.73% | 10.71% | |
15 | 310 | 94.65% | 2354.80% | 1918.93% | |
1124 | 1410 | 22.75% | 24.32% | 25.44% | |
6
Performance Analysis Q2-FY25
TOTAL INCOME
(Rs. In Crores)
Quarter Ending | ||||
Particulars | ||||
Sep-23 | Jun-24 | Sep-24 | ||
Interest on Loans | 4288 | 4830 | 5055 | |
Interest on Investment | 1461 | 1660 | 1754 | |
Other Interest Income | 72 | 45 | 42 | |
Total Interest Income | 5821 | 6535 | 6851 | |
Exchange & Commission | 328 | 316 | 373 | |
Profit / Loss on | 37 | 222 | 67 | |
Sale of Investments | ||||
Profit on Exchange | 39 | 27 | 6 | |
Recovery from technical Written of | 425 | 308 | 988 | |
Account | ||||
All other Income | 285 | 160 | 199 | |
Total Non Interest Income | 1114 | 1033 | 1633 | |
Total Income | 6935 | 7568 | 8484 | |
Half Year Ended | Growth % | ||||
HY 24-25 | |||||
HY 23-24 | HY 24-25 | Q-o-Q | Y-o-Y | Over | |
HY 23-24 | |||||
8201 | 9885 | 4.65% | 17.88% | 20.54% | |
2888 | 3413 | 5.67% | 20.04% | 18.19% | |
156 | 87 | -6.54% | -41.64% | -44.24% | |
11245 | 13386 | 4.83% | 17.69% | 19.04% | |
602 | 689 | 18.25% | 13.80% | 14.44% | |
60 | 289 | -70.03% | 80.08% | 383.16% | |
114 | 33 | -77.41% | -84.33% | -70.92% | |
832 | 1296 | 220.92% | 132.54% | 55.80% | |
308 | 359 | 24.48% | -30.11% | 16.55% | |
1917 | 2666 | 58.13% | 46.63% | 39.17% | |
13162 | 16052 | 12.11% | 22.34% | 21.97% | |
7
Performance Analysis Q2-FY25
FEE BASED INCOME
(Rs. In Crores)
Quarter Ending | ||||
Particulars | ||||
Sep-23 | Jun-24 | Sep-24 | ||
A.Exchange & Commission | 83 | 122 | 127 | |
B.Income from Non Fund Based | 45 | 39 | 42 | |
Business | ||||
C.Processing charges | 110 | 80 | 125 | |
D.ATM/DBD Related Income | 96 | 94 | 97 | |
E.Marketing/FI/Govt Business | 20 | 19 | 15 | |
F.Miscellaneous Income | 165 | 92 | 56 | |
FEE BASED INCOME | 519 | 446 | 462 | |
(A+B+C+D+E+F) | ||||
Overseas | 22 | 16 | 16 | |
Fee Based Income - Global | 541 | 461 | 478 | |
Half Year Ended | |
HY 23-24 | HY 24-25 |
142 | 248 |
91 | 81 |
205 | 206 |
191 | 191 |
33 | 33 |
195 | 149 |
857 | 908 |
42 | 32 |
899 | 939 |
Growth % | ||
HY 24-25 | ||
Q-o-Q | Y-o-Y | Over HY |
23-24 | ||
4.05% | 52.60% | 74.92% |
7.06% | -6.95% | -11.00% |
56.45% | 13.98% | 0.25% |
3.37% | 0.91% | -0.22% |
-19.43% | -25.36% | 1.39% |
-39.06% | -65.87% | -23.73% |
3.68% | -10.98% | 5.91% |
2.60% | -27.31% | -24.46% |
3.64% | -11.64% | 4.50% |
8
Performance Analysis Q2-FY25
TOTAL EXPENSES
(Rs. In Crores)
Quarter Ending | ||||
Particulars | ||||
Sep-23 | Jun-24 | Sep-24 | ||
Interest on Deposits | 3143 | 3588 | 3784 | |
Interest on Borrowings | 332 | 506 | 529 | |
Total Interest Expenses | 3475 | 4094 | 4313 | |
Staff Expenses | 1138 | 1124 | 1341 | |
Other Expenses | 645 | 674 | 702 | |
Operating Expenses | 1783 | 1798 | 2042 | |
Total Expenses | 5258 | 5892 | 6356 | |
Half Year Ended | Growth % | ||||
HY 24-25 | |||||
HY 23-24 | HY 24-25 | Q-o-Q | Y-o-Y | Over | |
HY 23-24 | |||||
5989 | 7372 | 5.46% | 20.40% | 23.10% | |
588 | 1035 | 4.66% | 59.44% | 76.04% | |
6577 | 8407 | 5.35% | 24.12% | 27.83% | |
2353 | 2465 | 19.25% | 17.83% | 4.78% | |
1210 | 1375 | 4.13% | 8.77% | 13.66% | |
3563 | 3841 | 13.59% | 14.55% | 7.79% | |
10140 | 12248 | 7.88% | 20.88% | 20.79% | |
9
Performance Analysis Q2-FY25
PROFIT PARAMETER
(Rs. In Crores)
Quarter Ending | Half Year Ended | Growth % | |||||||||
Particulars | |||||||||||
HY 24-25 | |||||||||||
Sep-23 | Jun-24 | Sep-24 | HY 23-24 | HY 24-25 | Q-o-Q | Y-o-Y | Over HY | ||||
23-24 | |||||||||||
Operating Profit | 1677 | 1676 | 2128 | 3022 | 3804 | 26.97% | 26.89% | 25.88% | |||
Provisions | 1044 | 938 | 1146 | 1883 | 2084 | 22.23% | 9.73% | 10.71% | |||
of which NPA Provisions | 1121 | 164 | 71 | 1930 | 234 | -56.96% | -93.71% | -87.85% | |||
Other Provisions | -76 | 774 | 1076 | -47 | 1850 | 39.00% | 1509.21% | 4006.53% | |||
Tax Expenses | 8 | 105 | 205 | 15 | 310 | 94.65% | 2354.80% | 1918.93% | |||
Net Profit | 625 | 633 | 777 | 1124 | 1410 | 22.75% | 24.32% | 25.43% | |||
Quarterly | ||
2128 | ||
1677 | 1676 | |
1045 | 938 | 1146 |
777 | ||
625 | 633 | |
Sep-23 | Jun-24 | Sep-24 | |||||
Operating Profit | Provisions | Net Profit | |||||
Half Yearly
3804
3022
18832084
11241410
HY 2023-24 | HY 2024-25 | ||||
Operating Profit | Provisions | Net Profit | |||
Performance Analysis Q2-FY25