{"id":149490,"date":"2023-07-20T22:42:09","date_gmt":"2023-07-21T02:42:09","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149490"},"modified":"2023-07-20T22:42:13","modified_gmt":"2023-07-21T02:42:13","slug":"union-bank-of-india-q1fy24-107-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/union-bank-of-india-q1fy24-107-rise-in-profits\/","title":{"rendered":"Union Bank of India Q1FY24; 107% rise in Profits"},"content":{"rendered":"\n<p>Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Financial Results:<\/h3>\n\n\n\n<p>Union Bank of India reported Revenues for Q1FY24 of \u20b923,613.00 Crores up from \u20b918,256.00 Crore year on year, a rise of 29.34%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b922,642.00 Crores up from \u20b919,040.00 Crores year on year, a rise of 18.92%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b93,272.00 Crores up 106.7% from \u20b91,583.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b94.79, up 106.47% from \u20b92.32 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101-839x1024.png\" alt=\"\" class=\"wp-image-149491\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 Q1FY24 of \u20b923,613.00 Crores up from \u20b918,256.00 Crore year on year, a rise of 29.34%. Total Expenses for Q1FY24 of \u20b922,642.00 Crores [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":149491,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[151,8200,9026],"class_list":["post-149490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-banking","tag-retail-banking","tag-wealth-management"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-101.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":164278,"url":"https:\/\/alphastreet.com\/india\/union-bank-of-india-q1fy24-107-rise-in-profits-2\/","url_meta":{"origin":149490,"position":0},"title":"Union Bank of India Q1FY24; 107% rise in Profits","author":"Chirag Gupta","date":"September 12, 2024","format":false,"excerpt":"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 Q1FY24 of \u20b923,613.00 Crores up from \u20b918,256.00 Crore year on year, a rise of 29.34%. Total Expenses\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-29.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153095,"url":"https:\/\/alphastreet.com\/india\/city-union-bank-ltd-q1fy24-1-rise-in-profits\/","url_meta":{"origin":149490,"position":1},"title":"City Union Bank Ltd Q1FY24; 1% rise in Profits","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"City Union Bank Limited is a banking company. The Bank's segments include Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations.(Source : Company Web-site ) Financial Results: City Union Bank Ltd reported Revenues for Q1FY24 of \u20b91,266.00 Crores up from \u20b91,099.00 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-806.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150412,"url":"https:\/\/alphastreet.com\/india\/dcb-bank-ltd-q1fy24-31-rise-in-profits\/","url_meta":{"origin":149490,"position":2},"title":"DCB Bank Ltd Q1FY24; 31% rise in Profits.","author":"Divyansh_Kasana","date":"July 28, 2023","format":false,"excerpt":"DCB Bank Limited is a new generation private sector bank with 352 branches across 19 states and 3 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. Financial Results: DCB Bank Ltd reported Revenues for Q1FY24 of \u20b91,238.00 Crores up from \u20b9949.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149222,"url":"https:\/\/alphastreet.com\/india\/central-bank-of-india-q1fy24-80-rise-in-profits\/","url_meta":{"origin":149490,"position":3},"title":"Central Bank of India Q1FY24; 80% rise in Profits.","author":"Divyansh_Kasana","date":"July 17, 2023","format":false,"excerpt":"Company Description: Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate\/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations. Financial Results: Central Bank of India reported Revenues for\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-38.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150335,"url":"https:\/\/alphastreet.com\/india\/uco-bank-q1fy24-80-rise-in-profits\/","url_meta":{"origin":149490,"position":4},"title":"UCO Bank Q1FY24; 80% rise in Profits","author":"Chirag Gupta","date":"July 28, 2023","format":false,"excerpt":"UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations. Financial Results: UCO Bank reported Revenues for Q1FY24 of \u20b95,224.00 Crores up from \u20b93,851.00 Crore year on year, a rise of 35.65%. Total Expenses for Q1FY24 of \u20b95,510.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-350.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149389,"url":"https:\/\/alphastreet.com\/india\/bank-of-maharashtra-q1fy24-95-rise-in-profits\/","url_meta":{"origin":149490,"position":5},"title":"Bank of Maharashtra Q1FY24; 95% rise in Profits.","author":"Divyansh_Kasana","date":"July 19, 2023","format":false,"excerpt":"Company Description: Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate\/Wholesale Banking, Retail Banking and Other banking operations. Financial Results: Bank of Maharashtra reported Revenues for Q1FY24 of \u20b94,789.00 Crores up from \u20b93,457.00 Crore year on year, a rise of 38.53%. Total Expenses for\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-71.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149490"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/149491"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}