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State Bank of India's Consolidated Net Profit Rises in Fiscal Q4; Shares Slip 6%

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-- State Bank of India's (NSE:SBIN, BOM:500112) consolidated net profit rose to 196.4 billion rupees in the fiscal fourth quarter ended March 31, from 195.0 billion rupees a year ago.

Earnings per share came in at 21.28 rupees from 21.96 rupees a year ago, according to a Friday filing to the Indian stock exchanges.

Interest earned by the lender in fiscal Q4 also increased to 1.310 trillion rupees from 1.268 trillion rupees a year ago.

The bank's board declared a dividend of 17.35 rupees per equity share for the financial year ended March 31, to be paid on June 4.

The lender's shares were down over 6% in recent trade.

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