IOB Q3 results: Profit jumps 30% to Rs 723 crore on improvement in core income
Total income increased to Rs 7,437 crore during the quarter under review from Rs 6,006 crore in the same period last year, IOB said in a regulatory filing. Interest income also rose to Rs 6,176 crore over Rs 5,056 crore for the quarter ended December 2022.
The Chennai-based lender had earned a net profit of Rs 555 crore in the same quarter a year ago. Image Courtesy: Reuters.