Union Bank of India · NSE: UNIONBANK · BSE: 532477

Q1 FY23 results · Apr–Jun 2022

Union Bank of India reported revenue from operations of ₹18,255.95 crore (up 5.7% from Q1 FY22) and net profit of ₹1,556.43 crore (up 40.7% from Q1 FY22) for Q1 FY23 (Apr–Jun 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Interest earned	18,255.95	17,278.64	+5.7%	17,027.53	+7.2%
Other income	2,948.50	3,387.98	−13.0%	2,326.32	+26.7%
Total income	21,204.45	20,666.62	+2.6%	19,353.85	+9.6%
Profit before share of associates & JVs and tax	2,164.56	1,705.63	+26.9%	2,005.15	+8.0%
Share of profit/(loss) of associates & JVs	26.67	14.22		15.69
Net profit for the period	1,556.43	1,105.93	+40.7%	1,541.40	+1.0%
Attributable to shareholders of the company	1,583.10	1,120.15	+41.3%	1,557.09	+1.7%
EPS, basic (₹)	2.32	1.70	+36.5%	2.30	+0.9%
Net margin (%)	8.5	6.4		9.1

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Interest earned	18,174.24	17,134.23	+6.1%	17,174.36	+5.8%
Other income	2,816.85	2,900.87	−2.9%	3,243.08	−13.1%
Total income	20,991.09	20,035.10	+4.8%	20,417.44	+2.8%
Profit before tax	2,166.42	1,779.00	+21.8%	1,902.02	+13.9%
Net profit for the period	1,558.46	1,180.98	+32.0%	1,439.60	+8.3%
EPS, basic (₹)	2.28	1.79	+27.4%	2.11	+8.1%
Net margin (%)	8.6	6.9		8.4

Consolidated

Filed with BSE: 27 Jul 2022, 10:24 IST
Board meeting: 26 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 27 Jul 2022, 10:24 IST
Board meeting: 26 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE