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Indian Overseas Bank reports standalone net profit of Rs 212.87 crore in the December 2020 quarter

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Capital Market

Total Operating Income decline 2.49% to Rs 4243.72 crore

Net profit of Indian Overseas Bank reported to Rs 212.87 crore in the quarter ended December 2020 as against net loss of Rs 6075.49 crore during the previous quarter ended December 2019. Total Operating Income declined 2.49% to Rs 4243.72 crore in the quarter ended December 2020 as against Rs 4351.90 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Total Operating Income4243.724351.90 -2 OPM %32.92-84.43 -PBDT217.76-5901.60 LP PBT217.76-5901.60 LP NP212.87-6075.49 LP

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First Published: Feb 09 2021 | 2:04 PM IST

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