Shares of Union Bank of India has reported a standalone net profit of Rs 333 crore in the quarter ended June. Rajkiran Rai G, Managing Director and CEO of Bank, informed that the stock gained 5.74 per cent to Rs 32.20 on the BSE. On the NSE, it jumped 5.74 per cent to Rs 32.20. The state-run bank, which amalgamated Andhra Bank and Corporation Bank from April 1, on Friday reported a
standalone net profit of Rs 333 crore in the quarter ended June. The amalgamated entity had booked a profit-after-tax of Rs 381 crore in the same period of the previous fiscal. The pre-amalgamated profit in the June 2019 quarter was Rs 224.43 crore.
Copyright © 2017 Indian Grapevine a unit of Integrated Media Enterprises
