Union Bank of India’s profit up 58% YOY in Q3FY23

Union Bank of India Ltd has reported consolidated financial results for the period ending December 31, 2022.

Financial Results (Q3 FY2023) – QoQ Comparison

FinancialsQ3 FY2023Q2 FY2023% Change
Total Income₹24635.44 crs₹23475.13 crsUp Tick / Down Tick4.94%
Net Profit₹2263.66 crs₹1853.12 crsUp Tick / Down Tick22.15%
EPS₹3.31₹2.71Up Tick / Down Tick22.14%

Financial Results (Q3 FY2023) – YoY Comparison

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹24635.44 crs₹20233.19 crsUp Tick / Down Tick21.76%
Net Profit₹2263.66 crs₹1077.40 crsUp Tick / Down Tick110.10%
EPS₹3.31₹1.55Up Tick / Down Tick113.55%

Asset Quality:

Asset QualityQ3 FY2023Q2 FY2023Q3 FY2022
Gross NPA₹63770.16 crs₹65390.85 crs₹77786.12 crs
Gross NPA %7.93%8.45%11.62%
Net NPA₹16195.11 crs₹19192.63 crs₹25257.32 crs
Net NPA %2.14%2.64%4.09%

Union Bank of India Investor Presentation – Check here

Share Price

union-bank-of-india-q3fy23

Union Bank of India Ltd is currently 35.94% up this year.

40

Leave a Comment

error: Content is protected !!