Indian Overseas Bank net profit declines 16.34% in the September 2013 quarter

Sales rise 11.07% to Rs 5668.84 crore

Net profit of Indian Overseas Bank declined 16.34% to Rs 132.55 crore in the quarter ended September 2013 as against Rs 158.43 crore during the previous quarter ended September 2012. Total Operating Income rose 11.07% to Rs 5668.84 crore in the quarter ended September 2013 as against Rs 5104.01 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales5668.845104.01 11 OPM %71.5772.54 -PBDT171.10255.45 -33 PBT171.10255.45 -33 NP132.55158.43 -16

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