Union Bank of India Q2 FY27 Net Profit Rises to ₹553.72 Crore
Union Bank of India reported a standalone net profit of ₹553.72 crore for Q2 FY27, up from ₹424.91 crore in Q2 FY26. Consolidated net profit was ₹557.04 crore. The bank's Capital Adequacy Ratio (Basel III) stood at 17.94% (standalone) and 18.61% (consolidated) as of September 30, 2026. The bank redeemed Basel III compliant bonds worth ₹1,850 crore.
The announcement concerns the quarterly financial results of a major public sector bank, which are material information for investors and stakeholders, impacting stock valuation and investment decisions.
The bank reported an increase in net profit for both standalone and consolidated results for the quarter and half year ended September 30, 2026, compared to the previous year, indicating positive financial performance.
Union Bank of India announced its unudited reviewed financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved the financial results at a meeting held on October 19, 2026.
For the standalone entity, the bank reported a Net Profit of ₹5,53,720 lakh (₹553.72 crore) for the quarter ended September 30, 2026, an increase from ₹4,24,908 lakh (₹424.91 crore) in the same period last year. For the half year ended September 30, 2026, the standalone Net Profit was ₹10,86,950 lakh (₹1,086.95 crore), up from ₹8,36,461 lakh (₹836.46 crore) in the corresponding period of the previous year.
On a consolidated basis, the Net Profit for the quarter ended September 30, 2026, stood at ₹5,57,040 lakh (₹557.04 crore), compared to ₹4,28,127 lakh (₹428.13 crore) in the prior year quarter. For the half year ended September 30, 2026, the consolidated Net Profit was ₹10,93,857 lakh (₹1,093.86 crore), an increase from ₹8,41,785 lakh (₹841.79 crore) in the previous year's half year.
The bank's Capital Adequacy Ratio (Basel III) was reported at 17.94% for the standalone entity and 18.61% for the consolidated entity as of September 30, 2026.
During the half year ended September 30, 2026, the bank exercised its call option for redemption of Basel Ill compliant bonds worth ₹1,850.00 crore. Additionally, the bank reported 164 fraud cases amounting to ₹1,206.21 crore, which have been fully provided for. The bank also reported on various restructuring and resolution plans implemented under the Insolvency and Bankruptcy Code (IBC) and other RBI guidelines.
What to do with a filing like this
Union Bank of India filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.