Union Bank of India (UBI) Q3 FY11 Results : Net profit rose 8.51%

by khalid on 26/01/2011 · 0 comments

State owned, one of the India’s public sector bank, Union Bank of India (UBI) has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY11). During the said quarter, net profit rose 8.51% to Rs 579.57 crores in comparison to Rs 534.13 crores of Q3 (ending Dec 09) of previous year(FY10). Union Bank of India (UBI) is the public sector bank of India and in addition to banking, the bank, through its subsidiaries, provides a range of financial services, which include life insurance, merchant banking, mutual funds, credit card, factoring, security trading, pension fund management and primary dealership in the money market.

The bank has informed the share market (BSE/NSE) that the total income has increased 24.87% to Rs 4693.06 crores in Q3 FY11 when compared with the same quarter Q3 FY10 of previous year. Total income was Rs 3758.32 crores in last year’s quarter.

Share’s Data :
BSE Code : 532477
Mkt. Cap: Rs 16,978.94 Crores
Union Bank of India Ltd. share’s CMP is Rs 336.15 on 25th Jan 2011.

Stay tuned to BelltheBull Blog for more news on Union Bank of India (UBI) !

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: