IOB Q3 net up 25% at Rs 308cr

Indian Overseas Bank (IOB) today reported  24.88% increase in net profit at Rs 308.18 crore for the quarter ended December 31, 2007 as against Rs 246.78 crore in Q3FY07.

According to a release to the Bombay Stock Exchange, the bank's total income has increased to Rs 2295.34 crore for the quarter ended December 31, 2007 from Rs 1608.07 crore for the quarter ended December 31, 2006