Indian Overseas Bank (IOB) has announced its third quarter results of FY10. It has reported 73.7% decline in its net profit of Rs 102 crore as against Rs 388 crore, on year-on-year basis (YoY).
Net interest income (NII) rose 3.6% to Rs 794 crore from Rs 766.7 crore.
Other income declined 57.38% to Rs 258.5 crore from Rs 606.5 crore.
At 11:51 am, the share was trading at Rs 96.85, down Rs 3.95, or 3.92%. Its market cap stood at Rs 5,276.39 crore.
Source: CNBC-TV18Courtesy moneycontrol.com
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