Union Bank of India logs 12 pc rise in net profit to ₹4,116 cr in Q1

Yeni Delhi reported that there was an increase of 12 percent in net profit on Saturday, 19 July (PTI) State Bank of Indian Union LaIn the first quarter of this financial year, 4,116 Crore.

Mumbai -based lent LaIn the same quarter of the previous financial year, 3,679 Crore.

Total income increased La31,791 Crore in June 2025 quarter La30,874 Crore, the Indian Union Bank regulatory compared to the previous year.

Interest earned by the bank, La27.296 CRORE La26,364 CRORE25 Fiscal Year.

However, net interest income decreased La9,113 CRORE IN THE QUARTER LaA year ago 9.412 Crore.

Bank’s business profit fell by 11 percent La6,909 CRORE La7,785 Crore in the same quarter of the previous financial year.

The quality of assets of the bank, non -gross performance (NPAS), at the end of the June quarter, 3.52 percent of gross advances fell a year ago because it fell from 4.54 percent.

Gross advance increased by 6.83 percent La9,74,489 CRORE La9,12,214 Crore at the end of June 2024.

Similarly, net NPAs or bad loans fell to 0.62 percent against 0.90 percent compared to the previous year.

As a result, provisions for bad loans La1,153 CRORE IN THE FIRST CENTER La1 year ago 1,651 Crore.

The provision ratio (PCR) rose from 93.49 percent to 94.65 percent with 116 BPS improvement.

At the same time, the return of assets (ROA) rose from 1.06 percent to 1.11 percent in June 2025 for June 2025 and recorded a 5 BPS improvement.

The bank’s capital competence rate rose from 17.02 percent to 18.3 percent in the same quarter of 25.

Total work increased by 5 percent La22,14,422 CRORE LaAt the end of June 2024 21.08,762 Crore.