Saturday, July 30, 2011

IOB Q1 net profit up at Rs 206 cr

Indian Overseas Bank (IOB) has reported a marginal rise in its first quarter of FY12 net profit to Rs 206 crore against Rs 200 crore in the corresponding quarter of last fiscal.

However, net interest income jumped over 31% to Rs 1,188 crore from Rs 906 crore year-on-year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP consultants Pvt Ltd

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