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The bank had a net profit of Rs 126.26 crore in the March quarter of FY'08, Syndicate Bank said in a filing to the Bombay Stock Exchange.
The total income rose by 21 per cent to Rs 2,875.67 crore during the March quarter, from Rs 2,376.40 crore in the corresponding period a year-ago.
During the quarter the bank's interest income grew 17.6 per cent to Rs 2,512.07 crore, while the interest expenditure stood at Rs 1,950.33 crore, up 24 per cent over the same period a year ago.
The board declared a final dividend of 15 per cent in addition to the interim dividend of 15 per cent, for 2008-09.
For the financial year ended March 31, Syndicate Bank reported 7.68 per cent growth in consolidated net profit at Rs 913.52 crore. The bank had a net profit of Rs 848.40 crore in FY'08.
The consolidated total income rose to Rs 10,440.02 crore during FY'09, from Rs 8,796.48 crore in the previous fiscal.
Shares of Syndicate Bank closed at Rs 57.40, down 0.43 per cent on the BSE.
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