SBI announces Q3 results, net profit marginally down at Rs.1065.06 Crores

State Bank of India (SBI) has announced the following Unaudited results for the quarter ended December 31, 2006:

The Bank has posted a net profit of Rs 10650.60 million for the quarter ended December 31, 2006 as compared to Rs 11151.90 million for the quarter ended December 31, 2005. Total Income has increased from Rs 113986.20 million for the quarter ended December 31, 2005 to Rs 115469.70 million for the quarter ended December 31, 2006.

The Consolidated results are as follows:

The Group has posted a net profit after minority interest of Rs 15244.20 million for the quarter ended December 31, 2006 as compared to Rs 14660.00 million for the quarter ended December 31, 2005. Total Income has increased from Rs 154842.60 million for the quarter ended December 31, 2005 to Rs 174832.00 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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