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Soaring net, payout prop up Syndicate Bank

Dalal Steet Spikes

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Our Markets Bureau Mumbai
Last Updated : Jan 28 2013 | 2:26 AM IST
 The counter is said to have benefitted from good buying support following the bank declaring a 78.6 per cent growth in net profit and a 10 per cent interim dividend.

 Syndicate Bank recorded a 78.6 per cent growth in its Q2 net profit to Rs 114.60 crore (Rs 64.13 crore) on the back of an increase in treasury income.

 Total income went up 14.3 per cent to Rs 917.44 crore from Rs 802.33 crore. Syndicate Bank

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First Published: Oct 21 2003 | 12:00 AM IST

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