Union Bank of India has reported results for third quarter ended December 31, 2022 (Q3FY23).
The bank has reported over two-fold jump in its net profit at Rs 2244.80 crore for the quarter under review as compared to Rs 1085.40 crore for the same quarter in the previous year. Total income of the bank increased 24.16% at Rs 24,153.68 crore for Q3FY23 as compared to Rs 19,453.74 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported over two-fold jump in its net profit at Rs 2263.66 crore for the quarter under review as compared to Rs 1,077.40 crore for the same quarter in the previous year. Total income of the bank increased 21.76% at Rs 24635.44 crore for Q3FY23 as compared to Rs 20233.19 crore for the corresponding quarter previous year.
