Mumbai: The country's second-largest public sector lender Punjab National Bank on Tuesday reported a jump of 12.14 percent in net profit to Rs 1,205.03 crore for the quarter ended September 30, 2011.

The lender had posted a net profit of Rs 1,074.54 crore for the July-September quarter of 2010.

Total income of the bank rose to Rs 9,840.87 crore during the second quarter from Rs 7,173.68 crore in the same period last fiscal, PNB said in a filing to the BSE.

During the first six months of the current fiscal, the net profit of the bank rose by 7.81 percent to Rs 2,310.10 crore from Rs 2,142.83 crore in the corresponding half of the 2010-11 financial year, it said.

The bank's total income rose to Rs 19,239.78 crore during the first half of FY2011-12 from Rs 14,037.06 crore in April-September, 2011, it added.

While the bank's gross non-performing assets (NPA) as a percentage of total advances rose to 2.05 percent from 1.91 percent in the same quarter a year ago, its net NPAs rose to 0.84 percent of total loans from 0.69 percent in the year-ago period.

Shares of PNB were up 1.48 percent at Rs 991 in late afternoon trade on the BSE.

(Agencies)