Net Interest Income (NII) for the period stood at ₹9,112 crore from ₹9,412 crore during the same quarter last year.
Net profit for the quarter increased by nearly 12% on a year-on-year basis to ₹4,115 crore. The lender had reported a net profit of ₹3,678 crore during the year-ago quarter.
Asset quality for the lender remained stable, with Gross NPA at 3.52% from 3.6% in March, while Net NPA remained nearly unchanged at 0.62% from 0.63% in March.
Provisions and contingencies at the end of the quarter stood at ₹1,664.5 crore, higher than the ₹1,543.9 crore reported at the end of the March quarter, but provisions for Non-Performing Assets (NPAs) declined to ₹1,152 crore from ₹1,675.7 crore in March.
Share of Union Bank of India had ended little changed on Friday at ₹146.5. The stock has risen 20% so far in 2025, having gained 5% in the last one month.
