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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Indian Overseas Bank

Indian Overseas Bank Board Approves Q2 FY27 Unaudited Financial Results

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 26 Oct 2026, 12:30 PM IST  ·  BSE ID: 2fc92f96-bc4f-4976-9b40-a1f22e06e86e
View Original BSE Filing (PDF)
💡
In Simple Terms
Indian Overseas Bank's board approved its financial results for the latest quarter and half-year, showing a 97.69% provision coverage ratio.
🤖 AI Summary
  • Indian Overseas Bank Board approved unaudited standalone and consolidated financial results for Q2 FY27.
  • Results for quarter and half-year ended September 30, 2026 were reviewed by the Board.
  • Statutory Central Auditors conducted a limited review of the financial results.
  • Bank's Provision Coverage Ratio stood at 97.69% as on September 30, 2026.
  • NIL Security Cover Certificate and NIL Statement of Deviation/Variation were included.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Provision Coverage Ratio
97.69%
Provision for IBC admitted accounts
₹9,57,269.76 Lakhs
Coverage of IBC accounts
99.79%
Net Deferred Tax Assets
₹2,31,521.29 Lakhs
Deferred Tax Asset Reversed (Quarter)
₹15,014 Lakhs
Aggregate exposure to COVID-19 stressed accounts (implemented resolution)
₹75,379.76 Lakhs
🏢 How This Affects the Company
💰
Financial Impact
The Provision Coverage Ratio of 97.69% as on September 30, 2026 indicates strong asset quality provisioning. Net Deferred Tax Assets aggregating to ₹2,31,521.29 Lakhs were recognized, with ₹15,014 Lakhs reversed for the quarter on prudence basis.
⚠️
Risk Impact
The disclosure of ₹5,674 Lakhs provision for Unhedged Foreign Currency Exposure addresses a specific regulatory risk. The bank also holds a total provision of ₹9,57,269.76 Lakhs for accounts covered under IBC.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing, which is a routine financial results announcement.
👤
Who Is Affected
All shareholders are affected by the approved financial results as they provide an updated view of the bank's performance and asset quality, including a Provision Coverage Ratio of 97.69%.
🔍
Management Signal
The approval of unaudited financial results and comprehensive disclosure of provisions signals management's adherence to regulatory guidelines and transparent reporting.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — review Net Profit and Gross NPA trends.
Regulatory updates on independent director appointments for the Board.
Further details on resolution of COVID-19 related stressed assets.
MEDIUM RISK While provisioning is strong, the reversal of deferred tax assets and significant exposure to COVID-19 stressed accounts pose ongoing financial risks.
💡 Investor Takeaway
Indian Overseas Bank's Board approved Q2 FY27 unaudited financial results, showing a Provision Coverage Ratio of 97.69% as on September 30, 2026. The bank maintained a total provision of ₹9,57,269.76 Lakhs for IBC accounts, covering 99.79% of outstanding balances.
⚖️ Strengths & Concerns

✅ Positives

  • Provision Coverage Ratio of 97.69% as on September 30, 2026, indicating strong provisioning for potential losses.
  • Total provision of ₹9,57,269.76 Lakhs for IBC admitted accounts, covering 99.79% of outstanding amounts.

⚠️ Concerns

  • Deferred Tax Asset amounting to ₹15,014 Lakhs for the quarter reversed on prudence basis, potentially impacting future tax benefits.
  • Exposure of ₹75,379.76 Lakhs remains in accounts with implemented COVID-19 resolution plans, some of which slipped into NPA.
📅 Company Track Record
Indian Overseas Bank's Q1 FY27 results meeting was announced on July 14, 2026. The bank's audited FY26 results reported a net profit surge of 56.1% to Rs. 5,20,803 Lakhs and gross NPA improving to 1.42% from 2.14%.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was the Provision Coverage Ratio for Indian Overseas Bank as of September 30, 2026?
The Provision Coverage Ratio for Indian Overseas Bank stood at 97.69% as on September 30, 2026.
What is the total provision held by Indian Overseas Bank for IBC admitted accounts?
Indian Overseas Bank holds a total provision of ₹9,57,269.76 Lakhs for accounts covered under the provisions of IBC as on September 30, 2026.
What was the amount of Deferred Tax Asset reversed by Indian Overseas Bank for the quarter ended September 30, 2026?
Indian Overseas Bank reversed Deferred Tax Asset amounting to ₹15,014 Lakhs for the quarter ended September 30, 2026, on a prudence basis.
What is the aggregate exposure to borrowers with implemented COVID-19 related stress resolution plans as on September 30, 2026?
The aggregate exposure to such borrowers with implemented COVID-19 related stress resolution plans is ₹75,379.76 Lakhs as on September 30, 2026.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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