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Syndicate Bank Q3 net profit rises to Rs 93 crore

Syndicate Bank Q3 net profit rises to Rs 93 crore

Tuesday, January 31, 2017, 2:52 PM

Syndicate Bank Ltd on Tuesday reported a profit for the December quarter compared to a loss in the same quarter last year, owing to lower provisioning and higher other income.Net profit for the quarter was Rs 93.56 crore as compared to a loss of Rs 119.67 crore a year ago. Three analysts polled by Bloomberg had forecast a net profit of Rs 344.80 crore.
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