SYNDICATE BANK Q3 NET DOWN 42.3%

Syndicate Bank net profit declined by 42.27 per cent to Rs 205.72 crore in the third quarter ended December 31, 2009, over the same period last fiscal.

Total income declined to Rs 2,676.94 crore during the quarter from Rs 2,758.52 crore in the same period previous fiscal.

The bank earned an interest of Rs 2,455.54 crore during the period (Rs 2,532.60 crore).

For the nine months ended December 31, 2009, the net profit stood at Rs 645.09 crore (Rs 706.18 crore)

Source: http://www.thehindubusinessline.com/businessline/blnus/17301601.htm