RESULTS EOD 28/1/2012; INDIAN OVERSEAS BANK

-INDIAN OVERSEAS BANK Q3 FY2012 RESULTS:

• Total Income up 4% qoq and up 45% yoy
• Operating Profit before provisioning and contingencies down 9% qoq but up 2% yoy
• Provisioning up 5% qoq and up 86% yoy
• Net Profit down 48% qoq and down 53% yoy
• Gross NPAs marginally down qoq and down 26 bp yoy
• Net NPAs marginally up qoq but down 28 bp yoy.

More clarity regarding the increased provisioning yoy would be available after the Mgmt presser hopefully.

RESULT DETAILS SEE HERE