Unaudited Reviewed Financial Results (Standalone and Consolidated) of the bank for the Quarter ended on June 30, 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Jul 2026, 12:19 PM IST · BSE ID: 875074a3-f603-4842-8408-8ca154d75cab
View Original BSE Filing (PDF)
💡
In Simple Terms
Union Bank of India saw its Q1 FY27 profit increase, with both standalone and consolidated earnings showing growth and improved asset quality.
🤖 AI Summary
- Union Bank of India reported standalone net profit of Rs. 5,33,230 Lakh for the quarter ended June 30, 2026.
- Consolidated net profit was Rs. 5,64,152 Lakh for Q1 FY27, compared to Rs. 4,42,794 Lakh in Q1 FY26.
- Standalone operating profit for the quarter rose to Rs. 8,00,258 Lakh, up from Rs. 6,90,866 Lakh in Q1 FY26.
- Gross Non-Performing Assets (NPAs) on a standalone basis improved to 2.65% from 3.52% as of June 30, 2025.
- Standalone Capital Adequacy Ratio (Basel III) was 18.46%, with CET1 Ratio at 16.38% for Q1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Net Profit (Q1 FY27)
Rs. 5,33,230 Lakh
29.56%
Consolidated Net Profit (Q1 FY27)
Rs. 5,64,152 Lakh
27.39%
Standalone Gross NPAs (Q1 FY27)
2.65%
Standalone Capital Adequacy Ratio (Basel III) (Q1 FY27)
18.46%
Standalone Operating Profit (Q1 FY27)
Rs. 8,00,258 Lakh
15.83%
🏢 How This Affects the Company
The bank's retail banking operations segment revenue increased to Rs. 12,32,636 Lakh, indicating growth in this core segment. Corporate/Wholesale Banking Operations segment profit also saw a year-over-year increase to Rs. 2,06,373 Lakh.
Net profit (standalone) increased by 29.56% year-over-year to Rs. 5,33,230 Lakh. Gross NPA ratio declined significantly to 2.65% (standalone), contributing to a reduction in provisions for NPAs to Rs. 1,01,955 Lakh. Capital Adequacy Ratio (Basel III) remains robust at 18.46% (standalone).
The filing highlights continued focus on 'Digital Banking Operations' as a sub-segment of Retail Banking, showing segment revenue of Rs. 26,733 Lakh and profit of Rs. 18,281 Lakh, reflecting ongoing digital transformation efforts.
The reduction in Gross Non-Performing Assets (NPAs) to 2.65% from 3.52% (standalone) and Net NPAs to 0.47% from 0.62% (standalone) indicates a decreased credit risk profile for the bank.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the improved financial performance, including a 29.56% year-over-year increase in standalone net profit to Rs. 5,33,230 Lakh for Q1 FY27.
🔍
Management Signal
The financial results indicate management's focus on profitability, asset quality improvement, and maintaining a strong capital base, as evidenced by the Basel III Capital Adequacy Ratio of 18.46%.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results – observe sustained net profit growth and asset quality.
Updates on deposit mobilization – monitor impact on Credit-Deposit ratio.
Regulatory commentary – track any new directives from RBI impacting banking operations.
LOW RISK
Improved asset quality and stable capital adequacy ratios indicate reduced financial risk.
💡 Investor Takeaway
Union Bank of India reported standalone net profit of Rs. 5,33,230 Lakh for Q1 FY27, up 29.56% year-over-year from Rs. 4,11,553 Lakh. Consolidated net profit reached Rs. 5,64,152 Lakh. Gross NPA ratio improved to 2.65% from 3.52% (standalone), indicating better asset quality.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Net Profit for Q1 FY27 grew by 29.56% year-over-year to Rs. 5,33,230 Lakh from Rs. 4,11,553 Lakh.
- Standalone Gross NPA ratio improved significantly to 2.65% as of June 30, 2026, compared to 3.52% as of June 30, 2025.
⚠️ Concerns
- Standalone Interest/Discount on Advances/Bills for Q1 FY27 increased to Rs. 21,02,476 Lakh, but Income on Investments decreased to Rs. 5,60,214 Lakh from Rs. 5,82,210 Lakh year-over-year.
- Standalone provisions for Non-Performing Assets in Q1 FY27 remained at Rs. 1,01,955 Lakh, despite the lower overall provisions and contingencies compared to the previous year.
📅 Company Track Record
Union Bank of India's Q1 FY27 standalone net profit of Rs. 5,33,230 Lakh follows FY26 net profit of Rs. 18,697 Crore. In FY26, the bank approved a Rs. 5 per share dividend, with the Credit-Deposit ratio spiking to 83.27%.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Union Bank of India's standalone net profit for Q1 FY27?
Union Bank of India reported a standalone net profit of Rs. 5,33,230 Lakh for the quarter ended June 30, 2026, an increase from Rs. 4,11,553 Lakh in Q1 FY26.
What was the consolidated net profit for Union Bank of India in Q1 FY27?
The consolidated net profit for Union Bank of India for the quarter ended June 30, 2026, was Rs. 5,64,152 Lakh, compared to Rs. 4,42,794 Lakh in Q1 FY26.
How did Union Bank of India's Gross NPA ratio change in Q1 FY27?
Union Bank of India's standalone Gross Non-Performing Assets (NPAs) percentage improved to 2.65% as of June 30, 2026, from 3.52% as of June 30, 2025.
What is Union Bank of India's Capital Adequacy Ratio for Q1 FY27?
Union Bank of India reported a standalone Capital Adequacy Ratio (Basel III) of 18.46% as of June 30, 2026, with a CET1 Ratio of 16.38%.
What was the standalone operating profit for Union Bank of India in Q1 FY27?
The standalone operating profit for Union Bank of India for the quarter ended June 30, 2026, was Rs. 8,00,258 Lakh, an increase from Rs. 6,90,866 Lakh in Q1 FY26.
Questions based on this BSE filing only. For information purposes.