Union Bank of India’s Q2 consolidated net profit rises 33% to Rs 4,721.83 crore

Ace News

22nd Oct 2024

Union Bank of India has reported results for second quarter ended September 30, 2024 (Q2FY25).

The Bank has reported 34.41% rise in its net profit at Rs 4,719.74 crore for the quarter ended September 30, 2024 as compared to Rs 3,511.42 crore for the same quarter in the previous year. Total income of the Bank increased by 13.27% at Rs 32,036.46 crore for Q2FY25 as compared to Rs 28,282.13 crore for the corresponding quarter previous year.

On consolidated basis, the Bank has reported 33.07% rise in net profit at Rs 4,721.83 crore for Q2FY25 as compared to Rs 3,548.25 crore for the same quarter in the previous year. Total income of the Bank increased by 13.33% at Rs 32,812.12 crore for Q2FY25 as compared to Rs 28,952.50 crore for the corresponding quarter previous year.