Thursday, July 23, 2009

Union Bank of India Q1 net profit Up

State-run Union Bank of India on Thursday said its net profit rose by 93.69 per cent at Rs 442.19 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 228.29 crore in the same quarter last year, Union Bank of India said in a filing to the Bombay Stock Exchange .Total income rose to Rs 3,704 crore in the latest quarter, against Rs 2,754.88 crore in the same quarter previous fiscal. Shares of Union Bank of India were trading at Rs 255.95 on the BSE, down 1.14 per cent from previous close.

Source:economictimes.indiatimes.com/News/News-By-Company/Earnings/Union-Bank-of-India-Q1-net-up-94-pc-at-Rs-442-cr/articleshow/4810929.cms

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