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Union Bank of India consolidated net profit rises 22.68% in the March 2022 quarter

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Capital Market

Total Operating Income rise 9.00% to Rs 17027.53 crore

Net profit of Union Bank of India rose 22.68% to Rs 1557.09 crore in the quarter ended March 2022 as against Rs 1269.18 crore during the previous quarter ended March 2021. Total Operating Income rose 9.00% to Rs 17027.53 crore in the quarter ended March 2022 as against Rs 15622.02 crore during the previous quarter ended March 2021.

For the full year,net profit rose 83.88% to Rs 5265.32 crore in the year ended March 2022 as against Rs 2863.40 crore during the previous year ended March 2021. Total Operating Income declined 1.56% to Rs 68229.66 crore in the year ended March 2022 as against Rs 69311.46 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Total Operating Income17027.5315622.02 9 68229.6669311.46 -2 OPM %59.2439.88 -51.6246.36 - PBDT2005.151211.01 66 8566.342327.18 268 PBT2005.151211.01 66 8566.342327.18 268 NP1557.091269.18 23 5265.322863.40 84

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First Published: May 13 2022 | 2:25 PM IST

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