State-owned Syndicate Bank today reported 32% rise in net profit to Rs 338.12 crore for the third quarter ended December 31.
The bank had posted a net profit of Rs 256.19 crore for the corresponding quarter last fiscal, 2010-11, Syndicate Bank said in a filing to the Bombay Stock Exchange (BSE).
Total income of the lender rose to Rs 4,214.35 crore during the October-December quarter from Rs 4,015.54 crore in the same period last year.
During the first nine months of 2011-12, the bank's net net profit rose to Rs 1,003.96 crore, from Rs 758.85 crore in the same period a year ago.
The bank has reported a total income of Rs 11,919.90 crore in the first three quarters of this fiscal, compared to Rs 8,949.38 crore in the same period in the last financial year.
