Union Bank of India reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net interest income was INR 92,334.1 million compared to INR 83,946.6 million a year ago. Net income was INR 35,718 million compared to INR 18,531.2 million a year ago. Basic earnings per share from continuing operations was INR 5.14 compared to INR 2.71 a year ago.
For the six months, net interest income was INR 181,824 million compared to INR 160,530.1 million a year ago. Net income was INR 68,434.5 million compared to INR 34,362.2 million a year ago. Basic earnings per share from continuing operations was INR 9.86 compared to INR 5.03 a year ago.