IOB quarterly net profit declines 53 percent
January 28th, 2012 - 5:04 pm ICT by IANS ( Leave a comment )Mumbai, Jan 28 (IANS) Indian Overseas Bank (IOB) Saturday reported a massive 53 percent decline in net profit at Rs.108.27 crore for the quarter ended Dec 31, 2011, against Rs.231.66 crore during the like period of the previous financial year.
Total income was up 45 percent at Rs.5,015.33 crore during the quarter under review, compared to Rs.3,452.86 crore in the year-ago period, the company said in a regulatory filing.
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Tags: crore, decline, indian overseas bank, iob, jan 28, net profit
