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SBI Q4 net profit zooms to Rs.1493.19 crores, declares Rs.14 dividend
Posted On : 2007-05-12 03:35:36( TIMEZONE : IST )
State Bank of India (SBI) has announced the Audited financial results for the quarter & year ended March 31, 2007. The results for the Quarter ended March 31, 2007 are as follows: The Bank has posted a net profit of Rs 14931.90 million for the quarter ended March 31, 2007 as compared to Rs 8532.90 million for the quarter ended March 31, 2006. Total Income has increased from Rs 111861.00 million for the quarter ended March 31, 2006 to Rs 144357.60 million for the quarter ended March 31, 2007.
The results for the Year ended March 31, 2007 are as follows: The Bank has posted a net profit of Rs 45413.10 million for the year ended March 31, 2007 as compared to Rs 44066.70 million for the year ended March 31, 2006. Total Income has increased from Rs 434147.70 million for the year ended March 31, 2006 to Rs 452602.80 million for the year ended March 31, 2007.
The consolidated results for the Year ended March 31, 2007 are as follows: The Group has posted a net profit after minority interest of Rs 63643.80 million for the year ended March 31, 2007 as compared to Rs 55299.20 million for the year ended March 31, 2006. Total Income has increased from Rs 608349.20 million for the year ended March 31, 2006 to Rs 683768.30 million for the year ended March 31, 2007.
The meeting of the Central Board of the Bank held on May 12, 2007, inter alia, has declared a dividend of Rs 14 per share for the year ended March 31, 2007.
