Union Bank of India reports 50% rise in Q3 consolidated net profit
Union Bank of India has reported results for third quarter ended December 31, 2021.
Union Bank of India The Bank has reported a rise of 49.33% in its net profit at Rs 1085.40 crore for the quarter under review as compared to Rs 726.84 crore for the same quarter in the previous year. However, total income of the bank decreased by 3% at Rs 19453.74 crore for Q3FY22 as compared Rs 20057.45 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a rise of 49.76% in its net profit at Rs 1077.40 crore for the quarter under review as compared to Rs 719.40 crore for the same quarter in the previous year. Union Bank of India
However, total income of the bank decreased by 3.48% at Rs 20233.19 crore for Q3FY22 as compared Rs 20963.27 crore for the corresponding quarter previous year.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
