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Source: media reports

Syndicate Bank net up 15% at Rs261.91 cr

Syndicate Bank net up 15% at Rs261.91 cr
PTI
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First Published: Fri, Oct 31 2008. 04 03 PM IST
Updated: Fri, Oct 31 2008. 04 03 PM IST
Mumbai: Syndicate Bank said that its net profit grew by 15% to Rs261.91 crore for the quarter ended 30 September.
The lender had a net profit of Rs227.58 crore for the quarter ended 30 September, 2007, Syndicate Bank said in a filing to the Bombay Stock Exchange (BSE).
Total income rose to Rs2,527.02 crore for the July-September from Rs2,155 crore for the same quarter last fiscal.
For the six months ended 30 September, Syndicate Bank registered a net profit of Rs349.80 crore, a 22% decline over the corresponding period a year ago. It had a net profit of Rs448.61 crore in the same period previous year.
While, total income rose to Rs4,805.82 crore for the six months ended 30 September from Rs4,154.34 crore a year ago.
Syndicate Bank was trading at Rs48.75, down 2.79% cent in the late afternoon trade on the BSE.
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First Published: Fri, Oct 31 2008. 04 03 PM IST