Syndicate Bank Q3 FY 13 PAT rises to Rs 508.4 crores

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Public sector lender Syndicate Bank has posted a net profit of Rs. 508.49 crores for the quarter ended December 31, 2012 as compared to Rs 338.12 crores for the quarter ended December 31, 2011.

Total Income has increased from Rs 4214.35 crores for the quarter ended December 31, 2011 to Rs 4489.90 crores for the quarter ended December 31, 2012.

The shares of the bank, however, slipped sharply by 5.80 per cent in afternoon trade.

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