Syndicate Bank Q1 net up 30%

Syndicate Bank today reported a 30% increase in net profit at Rs 163.11 crore for the quarter ended June 30, 2005 as against Rs 125.24 crore in Q1FY05.

According to a release issued by the bank to the BSE today, total income increased to Rs 1,085.58 crore in Q1FY06 from Rs 1,075.57 crore in Q1FY05.