Union Bank of India reports consolidated net profit of Rs 1269.18 crore in the March 2021 quarter

Total Operating Income rise 66.85% to Rs 15622.02 crore

Net profit of Union Bank of India reported to Rs 1269.18 crore in the quarter ended March 2021 as against net loss of Rs 2713.03 crore during the previous quarter ended March 2020. Total Operating Income rose 66.85% to Rs 15622.02 crore in the quarter ended March 2021 as against Rs 9362.97 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 2863.40 crore in the year ended March 2021 as against net loss of Rs 3120.89 crore during the previous year ended March 2020. Total Operating Income rose 84.93% to Rs 69311.46 crore in the year ended March 2021 as against Rs 37479.22 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income15622.029362.97 67 69311.4637479.22 85 OPM %38.4735.92 -46.9549.11 - PBDT1211.01-957.64 LP 2327.18-1641.24 LP PBT1211.01-957.64 LP 2327.18-1641.24 LP NP1269.18-2713.03 LP 2863.40-3120.89 LP

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