Public sector lender Syndicate Bank today reported three-fold jump in net profit to Rs 261.56 crore for the first quarter ended June 30.

Total income of the bank rose to Rs 2,974.86 crore during the April-June period from Rs 2,278.80 crore of the same period last year, Syndicate Bank said in a filing to the Bombay Stock Exchange (BSE).

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Shares of Syndicate Bank were trading higher by 4.24 per cent at Rs 83.60 on BSE in the afternoon trade.

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