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via gurufocus.comBusiness & Companies

Union Bank of India: Q2 profit up 30% as asset quality strengthens

FROM THE WIRE · GURUFOCUS.COM

Net Profit: INR 5,537 crore in Q2 FY26-27, up 30.31% YoY.Operating Profit: INR 8,108 crore, up 18.99% YoY.Net Interest Margin (NIM): Improved to 2.86% from 2.80

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishProfit growth above 30% is relevant for the Indian bank's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit for Q2 FY26-27 was INR 5,537 crore, up 30.31% year on year.
  2. 02Net interest margin improved to 2.86% from 2.80%.
  3. 03Operating profit was INR 8,108 crore, up 18.99% year on year.

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