State-owned Punjab National Bank (PNB) today reported 5.52 per cent growth in net profit

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to Rs 1,150 crore for the third quarter ended December 31, 2011.

In the year-ago period, the bank had a net profit of Rs 1,089.77 crore, PNB said in a filing to the BSE.

The bank's total income rose to Rs 10,435.12 crore for the October-December quarter of 2011 from Rs 7,976.35 crore in the year-ago period.

Shares of the bank were trading 1.87 per cent down at Rs 938 apiece on the BSE in afternoon.