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

Q1 FY25 results · Apr–Jun 2024

Union Bank of India reported revenue from operations of ₹26,526.92 crore (up 12.3% from Q1 FY24) and net profit of ₹3,600.95 crore (up 11.1% from Q1 FY24) for Q1 FY25 (Apr–Jun 2024), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY25	Q1 FY24	YoY	Q4 FY24	QoQ
Interest earned	26,526.92	23,613.18	+12.3%	26,509.87	+0.1%
Other income	4,798.55	4,209.11	+14.0%	5,101.71	−5.9%
Total income	31,325.47	27,822.29	+12.6%	31,611.58	−0.9%
Profit before share of associates & JVs and tax	4,954.49	5,180.42	−4.4%	5,281.20	−6.2%
Share of profit/(loss) of associates & JVs	40.83	31.21		18.42
Net profit for the period	3,600.95	3,240.44	+11.1%	3,309.85	+8.8%
Attributable to shareholders of the company	3,641.78	3,271.65	+11.3%	3,328.27	+9.4%
EPS, basic (₹)	4.77	4.79	not comparable	4.44	+7.4%
Net margin (%)	13.6	13.7		12.5

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 FY25	Q1 FY24	YoY	Q4 FY24	QoQ
Interest earned	26,364.39	23,477.93	+12.3%	26,350.10	+0.1%
Other income	4,509.23	3,903.32	+15.5%	4,707.42	−4.2%
Total income	30,873.62	27,381.25	+12.8%	31,057.52	−0.6%
Profit before tax	5,029.50	5,174.29	−2.8%	5,273.38	−4.6%
Net profit for the period	3,678.85	3,236.44	+13.7%	3,310.55	+11.1%
EPS, basic (₹)	4.82	4.74	not comparable	4.42	+9.0%
Net margin (%)	14.0	13.8		12.6

Consolidated

Filed with BSE: 22 Jul 2024, 10:25 IST
Board meeting: 19 Jul 2024
Period: 01 Apr 2024 to 30 Jun 2024
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 22 Jul 2024, 10:25 IST
Board meeting: 19 Jul 2024
Period: 01 Apr 2024 to 30 Jun 2024
Review status: Unaudited
Source: XBRL filing on BSE