Union Bank of India reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported net interest income was INR 95,440.5 million compared to INR 83,529.5 million a year ago. Net income was INR 33,282.7 million compared to INR 28,117.8 million a year ago. Basic earnings per share from continuing operations was INR 4.44 compared to INR 4.11 a year ago.
For the full year, net interest income was INR 370,118.6 million compared to INR 331,303.4 million a year ago. Net income was INR 137,971.1 million compared to INR 85,116.7 million a year ago. Basic earnings per share from continuing operations was INR 19.15 compared to INR 12.45 a year ago.