SBI Q3FY07 net slips 4.5 per cent

New Delhi, Jan 23: State Bank of India (SBI) today registered a decline of 4.49 per cent in its net profit for the third quarter ended December 31, 2006, at Rs 1,065.06 crore as compared to Rs 1,115.19 crore in the same quarter previous year.

The total income of the company rose by 1.3 per cent to Rs 11,546.97 crore during the quarter from Rs 11,398.62 crore for the same quarter ended December 31, 2005.

The consolidated net profit of the company after minority interest stood at Rs 1,524.42 crore for Q3FY07, up five per cent as against Rs 1,466 crore for Q3FY06.

The consolidated total income increased 13 per cent to Rs 17,483.2 crore for the quarter from Rs 15,484.26 crore for the third quarter ended December 31, 2005.

UNI