Indian Overseas Bank net profit declines 46.11% in the June 2013 quarter

Sales rise 7.49% to Rs 5402.63 crore

Net profit of Indian Overseas Bank declined 46.11% to Rs 125.80 crore in the quarter ended June 2013 as against Rs 233.44 crore during the previous quarter ended June 2012. Total Operating Income rose 7.49% to Rs 5402.63 crore in the quarter ended June 2013 as against Rs 5026.16 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales5402.635026.16 7 OPM %65.0372.57 -10 PBDT211.41326.36 -35 PBT211.41326.36 -35 NP125.80233.44 -46

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