BASF India today reported a 25% decline in net profit at Rs 8.83 crore for the third quarter ended December 31, 2006 when compared with Rs 11.74 crore in Q3FY06.According to a release issued by the company to the BSE today, total income increased to Rs 183.41 crore for the quarter ended December 31, 2006 from Rs 181.59 crore for the quarter ended December 31, 2005.