Syntel's revenue for the July-September quarter this year rose 9 per cent to $ 228.3 million, over $ 209.9 million in Q3 of last year.

IT services firm Syntel today reported a 24.8 per cent rise in net profit at USD 59.3 million for the second quarter ended June 30, 2014.

Syntel's revenue rose by 16 per cent to $ 219.5 million in the January-March quarter from $ 189.1 million in the same period last fiscal.

Lot of juice left on the banking side given that interest rate cuts will continue to boost the environment, said Rakesh.

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