IOB Q3 net up 22.33%

Indian Overseas Bank posted a 22.33% increase in net profit at Rs 197.21 cr for the quarter ended Dec 31, 2005.

Published on: Jan 25, 2006, 13:14:00 IST

None | By Anonymous, Mumbai

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Indian Overseas Bank on Tuesday posted a 22.33 per cent increase in net profit at Rs 197.21 crore for the quarter ended December 31, 2005 as compared to Rs 161.21 crore for the same quarter last fiscal.

Total income grew 11.11 per cent to Rs 1,303.31 crore for the third quarter this fiscal from Rs 1,172.99 crore in Q3 FY 04-05, the bank informed the Bombay Stock Exchange.

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