Union Bank of India reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net interest income was INR 92,854.1 million compared to INR 87,243.7 million a year ago. Net income was INR 36,253.9 million compared to INR 22,636.6 million a year ago. Basic earnings per share from continuing operations was INR 4.89 compared to INR 3.31 a year ago.
For the nine months, net interest income was INR 274,678.1 million compared to INR 247,773.9 million a year ago. Net income was INR 104,688.4 million compared to INR 56,998.9 million a year ago. Basic earnings per share from continuing operations was INR 14.75 compared to INR 8.34 a year ago.