Indian Overseas Bank announces Q2 results, profits up 25.87%

Indian Overseas Bank has announced the following unaudited results for the quarter ended September 30, 2006:

The Bank has posted a net profit of Rs 2498.544 million for the quarter ended September 30, 2006 as compared to Rs 1984.902 million for the quarter ended September 30, 2005. Total Income has increased from Rs 12503.230 million for the quarter ended September 30, 2005 to Rs 15241.314 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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