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Union Bank reports 28% rise in Q3 consolidated net profit

28 Jan 2025 Evaluate

Union Bank of India has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The bank has reported 28.24% rise in its net profit at Rs 4603.63 crore for Q3FY25 as compared to Rs 3589.91 crore for the same quarter in the previous year. Total income of the bank increased by 7.68% at Rs 31374.50 crore for Q3FY25 as compared to Rs 29137.26 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 27.52% rise in its net profit at Rs 4623.03 crore for the quarter ended December 31, 2024, as compared to Rs 3625.39 crore for the same quarter in the previous year. Total income of the bank increased by 6.53% at Rs 31749.18 crore for Q3FY25 as compared to Rs 29801.98 crore for the corresponding quarter previous year.


Peers
Company Name CMP
State Bank Of India 982.50
PNB 116.70
Bank Of Baroda 235.25
Canara Bank 124.95
Union Bank Of India 180.00
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