Union Bank of India declines despite reporting 22% rise in Q1 consolidated net profit
Union Bank of India is currently trading at Rs. 142.40, down by 3.60 points or 2.47% from its previous closing of Rs. 146.00 on the BSE.
The scrip opened at Rs. 146.10 and has touched a high and low of Rs. 146.15 and Rs. 140.85 respectively. So far 631487 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.60 on 03-Jun-2025 and a 52 week low of Rs. 100.75 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 149.60 and Rs. 140.85 respectively. The current market cap of the company is Rs. 109275.06 crore.
The promoters holding in the company stood at 74.76%, while Institutions and Non-Institutions held 19.64% and 5.61% respectively.
Union Bank of India has reported 11.87% rise in its net profit at Rs 4115.53 crore for the first quarter ended June 30, 2025 (Q1FY26) as compared to Rs 3678.85 crore for the same quarter in the previous year. The total income of the bank increased by 2.94% at Rs 31781.34 crore for Q1FY26 as compared to Rs 30873.62 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 21.59% rise in net profit at Rs 4427.94 crore for Q1FY26 as compared to Rs 3641.78 crore for the same quarter in the previous year. Total income of the bank increased by 3.25% at Rs 32343.93 crore for Q1FY26 as compared to Rs 31325.47 crore for the corresponding quarter previous year.
