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Union Bank of India Q2FY24; 93% rise in Profits

Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.

Financial Results:

Union Bank of India reported Revenues for Q2FY24 of ₹24,732.00 Crores up from ₹19,778.00 Crore year on year, a rise of 25.05%.

Total Expenses for Q2FY24 of ₹23,460.00 Crores up from ₹20,982.00 Crores year on year, a rise of 11.81%.

Consolidated Net Profit of ₹3,572.00 Crores up 92.77% from ₹1,853.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.82, up 77.86% from ₹2.71 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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