Union Bank of India reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net interest income was INR 87,243.7 million compared to INR 73,107.2 million a year ago. Net income was INR 22,636.6 million compared to INR 10,774 million a year ago. Basic earnings per share from continuing operations was INR 3.31 compared to INR 1.55 a year ago.
For the nine months, net interest income was INR 247,773.9 million compared to INR 214,321.9 million a year ago. Net income was INR 56,998.9 million compared to INR 37,082.3 million a year ago. Basic earnings per share from continuing operations was INR 8.34 compared to INR 5.49 a year ago.