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).
During the June 2009 quarter, the bank's earning from interest rose to Rs 2,558.74 crore from Rs 2,131.97 crore of the same period last year.
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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