 "Syndicate Bank Q1 net dips 38% to Rs 302 crore")
The bank had a net profit of Rs 485.42 crore in the April-June quarter of 2014-15 fiscal.
Total income increased to Rs 6,323.42 crore during the June quarter, from Rs 5,523 crore in the same period a year ago, Syndicate Bank said in a BSE filing.
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Gross Non-Performing Assets (NPA) of the bank rose to 3.72% during the quarter, from 2.97% in the same period a year ago.
Interest income during the first quarter rose to Rs 5,823 crore, from Rs 5,067 crore in the same period a year ago.
Shares of Syndicate Bank were trading at Rs 96.50, down 2.62% over previous close on BSE.
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