New Delhi, Jul 19 (PTI) State-owned Union Financial institution of India on Saturday reported a 12 per cent rise in internet revenue to ₹4,116 crore through the first quarter of this monetary yr.
The Mumbai-based lender had earned a internet revenue of ₹3,679 crore in the identical quarter of the earlier fiscal yr.
The overall earnings rose to ₹31,791 crore through the June 2025 quarter from ₹30,874 crore within the year-ago interval, Union Financial institution of India mentioned in a regulatory submitting.
Curiosity earned by the financial institution improved to ₹27,296 crore in comparison with ₹26,364 crore within the June quarter of FY25.
Nonetheless, internet curiosity earnings declined to ₹9,113 crore through the quarter towards ₹9,412 crore a yr in the past.
The financial institution’s working revenue additionally dropped 11 per cent to ₹6,909 crore from ₹7,785 crore in the identical quarter of the previous fiscal.
The financial institution’s asset high quality confirmed enchancment as gross non-performing belongings (NPAs) declined to three.52 per cent of gross advances on the finish of the June quarter from 4.54 per cent a yr in the past.
Its gross advance elevated by 6.83 per cent to ₹9,74,489 crore from ₹9,12,214 crore on the finish of June 2024.
Equally, its internet NPAs, or unhealthy loans, declined to 0.62 per cent towards 0.90 per cent within the year-ago interval.
Consequently, provisions for unhealthy loans declined to ₹1,153 crore through the first quarter in comparison with ₹1,651 crore a yr in the past.
Provision Protection Ratio (PCR) improved to 94.65 per cent from 93.49 per cent, an enchancment of 116 bps.
On the similar time, Return on Belongings (ROA) rose to 1.11 per cent for June 2025, from 1.06 per cent in June 2024, registering an enchancment of 5 bps, the lender mentioned.
Capital adequacy ratio of the financial institution rose to 18.3 per cent from 17.02 per cent in the identical quarter of FY25.
The overall enterprise grew by 5 per cent to ₹22,14,422 crore from ₹21,08,762 crore on the finish of June 2024.