Union Bank of India Q2 FY10 : Net up 38.63%

by khalid on 27/10/2009 · 0 comments

union bank of india

Union Bank of India, one of the largest public sector banks, has posted an increase in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit rose 38.63% to Rs 505.1 crore from Rs 361.46 crore in the same quarter previous year(FY09).

The bank informed the market that the total income too increased by 20.75% to Rs 3760.9 crore as compared to Rs 3114.53 crore of corresponding quarter of last fiscal (FY08).

ITC share’s CMP is Rs 253.50 on 26th Oct 09.

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