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2026-04-24 02:29:19 pm | Source: Accord Fintech
Union Bank of India declines despite posting 10% rise in Q4FY26 consolidated net profit
Union Bank of India declines despite posting 10% rise in Q4FY26 consolidated net profit

Union Bank of India is currently trading at Rs. 175.65, down by 4.00 points or 2.23% from its previous closing of Rs. 179.65 on the BSE.

The scrip opened at Rs. 179.65 and has touched a high and low of Rs. 180.55 and Rs. 174.40 respectively. So far 625454 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.45 on 27-Feb-2026 and a 52 week low of Rs. 112.70 on 09-May-2025.

Last one week high and low of the scrip stood at Rs. 197.10 and Rs. 177.40 respectively. The current market cap of the company is Rs. 133397.26 crore.

The promoters holding in the company stood at 74.76%, while Institutions and Non-Institutions held 20.88% and 4.36% respectively.

Union Bank of India has reported 6.64% rise in its net profit at Rs 5,315.76 crore for fourth quarter ended March 31, 2026 (Q4FY26) as compared to Rs 4,984.92 crore for the same quarter in the previous year. However, total income of the bank decreased by 2.75% at Rs 31,851.15 crore for Q4FY26 as compared Rs 32,752.67 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 9.83% rise in its net profit at Rs 5,503.61 crore for Q4FY26 as compared to Rs 5,011.22 crore for the same quarter in the previous year. However, total income of the bank decreased by 2.73% at Rs 32,674.53 crore for Q4FY26 as compared Rs 33,590.84 crore for the corresponding quarter previous year.

For the year ended March 31, 2026, the bank has reported 3.95% rise in its net profit at Rs 18,697.14 crore as compared to Rs 17,987.14 crore for the previous year. However, total income of the bank decreased marginally by 0.23% at Rs 1,25,427.02 crore for year under review as compared to Rs 1,25,721.85 crore for year ended March 31, 2025.

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