Union Bank of India standalone net profit rises 12.59% in the March 2017 quarter

Total Operating Income rise 5.55% to Rs 8325.44 crore

Net profit of Union Bank of India rose 12.59% to Rs 108.22 crore in the quarter ended March 2017 as against Rs 96.12 crore during the previous quarter ended March 2016. Total Operating Income rose 5.55% to Rs 8325.44 crore in the quarter ended March 2017 as against Rs 7888.02 crore during the previous quarter ended March 2016.

For the full year,net profit declined 58.92% to Rs 555.21 crore in the year ended March 2017 as against Rs 1351.60 crore during the previous year ended March 2016. Total Operating Income rose 1.43% to Rs 32659.98 crore in the year ended March 2017 as against Rs 32198.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income8325.447888.02 6 32659.9832198.80 1 OPM %50.2458.97 -58.5968.63 - PBDT-310.07-155.06 -100 342.591844.78 -81 PBT-310.07-155.06 -100 342.591844.78 -81 NP108.2296.12 13 555.211351.60 -59

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