The total income of the group stood at Rs 541.95 crore for the quarter under review as against Rs 433.15 crore in the corresponding period last year, up 25.12 per cent, the firm said in a communique to the Bombay Stock Exchange.
The standalone profit rose about three per cent at Rs 81.68 crore for the reviewed quarter, from Rs 79.36 crore in the same period a year ago.
The income grew 24 per cent at Rs 305.61 crore for the latest quarter as against Rs 246.42 crore in the corresponding quarter last year.
Shares of the company closed at Rs 261.40, up 2.61 per cent on the BSE.
Syndicate Bank net profit rises to Rs 273.19 cr
Syndicate Bank on Tuesday clocked a 20.8 per cent jump in net profit at Rs 273.19 crore for the quarter ended December 31, 2007 as compared to Rs 226.12 crore in the year-ago period.
The total income of the bank increased 27.6 per cent at Rs 2,265.63 crore for the quarter under review as against Rs 1,776.03 crore in the corresponding period last year, it informed the Bombay Stock Exchange.
Shares of the company closed at Rs 102.85, down 2.93 per cent on the BSE.