IOB Q1 net goes down 4.66% at Rs 255.97 cr

New Delhi, Jul 28 (UNI) Indian Overseas Bank (IOB) today said its net profit has declined 4.66 per cent to Rs 255.97 crore for the first quarter ended June 2008 as compared to Rs 268.49 crore for the corresponding period a year ago.

The Bank's total income has grown 14.63 per cent to Rs 2,186.83 crore for the first quarter of current fiscal whereas it was Rs 1,907.78 crore for the same quarter last fiscal.

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