Indian Overseas Bank’s Q1 net registers 3% growth

Indian Overseas Bank has reported results for the quarter ended June 30, 2011.

The bank’s net profit for the quarter ended June 30, 2011 has registered 2.56% growth at Rs 205.58 crore as compared to Rs 200.44 crore for the corresponding quarter of the previous year. Its total Income has increased by 50.28% at Rs 4331.77 crore for the Q1FY12 from Rs 2882.38 crore for the Q1FY11.