India, Feb. 6 -- Shares of Societe Generale were gaining around 12 percent on the Paris Stock Exchange after the French banking major reported Thursday significantly higher profit in its fourth quarter, driven by increased net banking income. The company also announced dividend and share buyback.

For fiscal 2025, the company projects revenue growth of more than 3 percent from last year's 26.8 billion euros.

Slawomir Krupa, Group's Chief Executive Officer, said, "In 2024, our performance improves materially. All our targets are exceeded and ahead of plan. Strong capital build-up, strong and sustainable business growth, strong cost control and risk management, and a material progress in our integration projects led to the doubling of the ea...