Union Bank Q2 FY27: Net profit jumps about 30 percent YoY, asset quality improves
UNIONBANK · price
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On the reaction day the stock moved 6.2 pts more than Nifty 100 and 4.1 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Union Bank reported standalone net profit of Rs 5,537 crore for Q2 FY27 and Rs 10,870 crore for H1 FY27, up around 30 percent from Rs 8,365 crore in H1 FY26. Total income rose about 3 percent to Rs 64,615 crore. Gross NPA improved to 2.42 percent from 3.29 percent YoY and net NPA fell to 0.42 percent. Capital adequacy ratio stood at 17.94 percent with RoA at 1.37 percent.
Strong profit growth, falling NPAs, and healthy capital position are positive signs for shareholders and stock sentiment.