Indian Overseas Bank Q3 net up 13.52%

Indian Overseas Bank has reported a 13.52% rise in net profit to Rs 161.21 crore for the third quarter ended December 31, 2004 as compared to Rs 142.01 crore for the quarter ended December 31, 2003.

According to a release issued to the BSE, the total income has increased 1.11% from Rs 1134.53 crore in Q3-03 to Rs 1147.12 crore for the quarter ended December 31, 2004.