Indian Overseas Bank Q4 net up 5%
The bank's Q4FY08 total income increased by 27% to Rs 2,468 crore for January-March period of 2007-08 as against Rs 1,936 crore during the corresponding period of 2006-07.
The bank has posted a 19% rise in net profit of Rs 1,202 crore for the financial year 2007-08 as compared to Rs 1,008 crore for 2006-07.
Total income has increased by 41 % to Rs 8,775.86 crore for the year ended March 31, 2008 from Rs 6,219 crore for the year ended March 31, 2007.