IOB Q3 net profit grew 24% YoY

Indian Overseas Bank net profit rose 24.88 per cent to Rs 308.19 crore for the quarter ended Dec 31, 2007 compared with Rs 246.78 crore in the same quarter of 2006.

By INDIATIMES NEWS NETWORK | Jan 30, 2008, 01.21 PM IST

MUMBAI: Indian Overseas Bank net profit rose 24.88 per cent to Rs 308.19 crore for the quarter ended Dec 31, 2007 compared with Rs 246.78 crore in the same quarter of 2006. Total income increased 42.74 per cent to Rs 2,295.35 crore from Rs 1,608.07 crore a year ago.

At 1:07 pm, IOB shares were down 1.37 per cent at Rs 168.90 on BSE

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