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AlphaStreet Analysis

Union Bank of India Q4FY24; 18% 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 Q4FY24 of ₹26,510.00 Crores up from ₹22,163.00 Crore year on year, a rise of 19.61%.

Total Expenses for Q4FY24 of ₹26,331.00 Crores up from ₹23,851.00 Crores year on year, a rise of 10.4%.

Consolidated Net Profit of ₹3,328.00 Crores up 18.35% from ₹2,812.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.36, up 6.08% from ₹4.11 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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