The bank had posted net profit of Rs 409 crore in the January-March quarter of 2013-14.
The total income of the bank during the quarter increased to Rs 6,599.13 crore, compared with Rs 5,357.40 crore in the year-ago period.
It has recommended a dividend of Rs 4.70 per share (47 per cent), for 2014-15, Syndicate Bank said in a statement.
For the entire fiscal 2014-15, the bank posted 11 per cent decline in net profit to Rs 1,522.93 crore, compared with Rs 1,711.46 crore in the previous financial year.
The bank's Gross Non-Performing Assets rose to 3.13 per at the end of March 2015, from 2.62 per cent a year ago. The net NPAs too rose to 1.90 per cent against 1.56 per cent at March 2014.
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