SBI Q3 consolidated net up 9%

State Bank of India (SBI) today reported a 9% increase in consolidated net profit at Rs 1,466 crore for the third quarter ended December 31, 2005 when compared with Rs 1,342.21 crore in Q3FY05.

According to a release issued by SBI to the BSE today, total income increased to Rs 15,484.26 crore in Q3FY06 from Rs 14,027.04 crore in Q3FY05.

The bank, on a stand-alone basis, has posted a net profit of Rs 1,115.19 crore for the quarter ended December 31, 2005 as against Rs 1,099.35 crore in Q3FY05. Total income increased to Rs 11,398.62 crore in Q3FY06 from Rs 10,267.07 crore in Q3FY05.