Union Bank of India has reported results for second quarter ended September 30, 2022.
The bank has reported rise of 21.07% in its net profit at Rs 1847.70 crore for Q2FY23 as compared to Rs 1526.12 crore for the corresponding quarter previous year. Total income of the bank increased by 10.99% to Rs 22957.94 crore for the quarter under review as compared to Rs 20683.95 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported rise of 22.67% in its net profit at Rs 1853.12 crore for the quarter under review as compared to Rs 1510.68 crore for the same quarter in the previous year. Total income of the bank increased by 8.57% to Rs 23475.13 crore for the quarter under review as compared to Rs 21621.87 crore for the same quarter in the previous year.
