Quarterly Result19 Oct 2026, 12:35 pm
Union Bank of India Q2 FY27 Unaudited Financial Results Announced
AI Summary
Union Bank of India announced its unaudited financial results for the quarter ended September 30, 2026. The bank reported a net profit of ₹2,65,323 Lacs (₹2,653.23 Crore) for the quarter, a 3.38% increase from ₹2,56,653 Lacs (₹2,566.53 Crore) in the same period last year. Total income for the quarter rose by 4.02% to ₹24,75,330 Lacs (₹24,753.30 Crore) from ₹23,79,697 Lacs (₹23,796.97 Crore) year-on-year. Net interest income also saw a growth of 6.87% to ₹13,19,455 Lacs (₹13,194.55 Crore). The bank's asset quality showed improvement with Gross NPA at 2.42% and Net NPA at 0.42% as of September 30, 2026.
Key Highlights
- Net profit increased by 3.38% to ₹2,65,323 Lacs (₹2,653.23 Crore).
- Total income grew by 4.02% to ₹24,75,330 Lacs (₹24,753.30 Crore).
- Net interest income rose by 6.87% to ₹13,19,455 Lacs (₹13,194.55 Crore).
- Gross NPA improved to 2.42% and Net NPA to 0.42%.
- The results are for the unaudited standalone and consolidated financial statements.
Price Impact
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