IOB announces net profit low at Rs 255.9 cr for Q1

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Mumbai, July 28 (UNI) Indian Overseas Bank (IOB) has posted a decline in its net profit at Rs 255.9 crore for the quarter ended June 30, 2008, from Rs 268.4 crore for the quarter ended June 30, 2007.

The total income has increased from Rs 1,907.7 crore for the quarter ended June 30, 2007 to Rs 2,186.8 crore for the quarter ended June 30, 2008, an IOC release said.

UNI AR SR AG1433

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