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Public Sector Bank
Quarterly Result15 Jul 2026, 12:20 pm

Union Bank of India Q1 FY27 Net Profit ₹533.23 Cr

AI Summary

Union Bank of India announced its unaudited reviewed financial results for the quarter ended June 30, 2026. The bank reported a standalone net profit of ₹533.23 crore, a significant increase from ₹411.55 crore in the same quarter last year. Total income for the quarter stood at ₹31,80,620 lakh, while total expenditure was ₹23,80,362 lakh. The bank also reported a Capital Adequacy Ratio (Basel III) of 18.46% and a CET 1 Ratio of 16.38%. The Board of Directors approved these results on July 15, 2026.

Key Highlights

  • Net profit for Q1 FY27 increased to ₹533.23 crore.
  • Total income reported at ₹31,80,620 lakh for the quarter.
  • Capital Adequacy Ratio stands at a healthy 18.46%.
  • CET 1 Ratio improved to 16.38%.