Today news
About the same in other media
IOB net profit up 28% on written-off recoveries
Reading now: 294
MUMBAI Indian Overseas Bank reported a 28% increase in net profit to 500 crore in the June quarter mainly due to recovery from written-off accounts, reports Our Bureau.Net interest income rose 22% YoY to 5,424 crore while net interest margin improved to 3.21% from 2.53%. Asset quality improved with gross non-performing assets (NPA) at 7.13% as against 9.13% a year ago.
Read more on economictimes.indiatimes.comAbout this in other media
Sun Pharma Q1 Results: Net profit drops 2% YoY to Rs 2023 crore economictimes.indiatimes.com /9 months ago
Adani Enterprises Q1 results: Net profit grows 44% to ₹674 crore, revenue falls 38% livemint.com /9 months ago
Aptus Value Housing Finance India Q1 Results: Net profit jumps 19% YoY to Rs 142 crore economictimes.indiatimes.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
