United Bank of India Q2 FY11 Results : Net profit rises 30.91%

by khalid on 30/10/2010 · 0 comments

United Bank of India has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 30.91% to Rs 109.74 crore in comparison to the Rs 83.83 crore of Q2 (ending Sep 09) of previous year(FY10). United Bank of India is a public sector bank in India. It provides all kinds of deposit schemes, loan schemes & NRI Schemes with reasonable interest rates.

The bank has informed the share market(BSE) that the net income increased 13.99% to Rs 1505.91 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 1321.05 crore.

Share’s Data :-
BSE Code : 533171
Mkt. Cap : Rs 4096.19 Crores
United Bank of India share’s CMP is Rs 126.85 on 29th Oct 2010.

Source :- BelltheBull

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