Quarterly results announced on 20th July 2024

On 20th July many companies announced their 1st quarterly results. here are some results updates.

UNION BANK

NET PROFIT UP 14 % TO 3678 CR (YOY(, UP 11 % (QOQ)

NII UP 6 % TO 9412 CR (YOY(, FLAT (QOQ)

OPERATING PROFIT UP 19 % TO 7785 CR (QOQ), UP 8 % (YOY)

PROVISON UP 119 % TO 2755 CR (QOQ)

GROSS NPA AT 4.54% V 4.76% (QOQ)

NET NPA AT 0.90% V 1.03% (QOQ)

ABSOLUTE GROSS NPA DOWN 4 % TO 41,422 CR (QOQ)

NET NPA DOWN 12 % TO 7902 CR (QOQ)

Net Profit Up 47% At Rs 502.4 Cr Vs Rs 342.5 Cr (YoY)

NII Up 12.2% At Rs 2,244 Cr Vs Rs 1,999.6 Cr (YoY)

Gross NPA At Rs 3,845 Cr Vs Rs 3,982.6 Cr (QoQ)

Net NPA At Rs 1,246 Cr Vs Rs 1,330 Cr (QoQ)

Gross NPA Ratio At 1.7% Vs 1.7% (QoQ)

Net NPA Ratio At 0.5% Vs 0.6% (QoQ)

OPERATING PROFIT DOWN 18 % TO 23,884 CR (QOQ)

PROVISON DOWN 81 % TO 2602 CR (QOQ)

GROSS NPA AT 1.33 % V 1.24 % (QOQ)

NET NPA AT 0.39 % V 0.33 %

ACTUAL GROSS NPA UP 6 % TO 33025 CR (QOQ)

NET NPA UP 16 % TO 9507 CR (QOQ)

18/03/2025

14/03/2025

13/03/2025

12/03/2025

11/03/2025

10/03/2025