Union Bank of India Q1 net profit rises 30% to ₹5,332 crore
after close1 source ↓written by the desknot a recommendation
- from ₹4
- 30% increase
- and improved asset
- ₹31,806 crore
Union Bank of India reported a standalone net profit of ₹5,332 crore, a 30% increase from ₹4,116 crore YoY, for Q1 FY2026-27. The bank also achieved a total standalone income of ₹31,806 crore and improved asset quality with reduced NPAs. This strong performance may enhance investor sentiment in the banking sector.
• Operating profit at ₹8,003 crore
• Consolidated net profit reached ₹5,641 crore
• Continued improvement in capital adequacy
Not investment advice. For informational purposes only.