Q2FY27 results: net profit Rs. 5,537 crore, gross NPA 2.42%, CRAR 17.94%
Q2FY27 results: net profit Rs. 5,537 crore, interest income Rs. 28,158 crore.
By ScoutQuest · · 2 min read
- Net Profit
- Rs. 5,537 crore
- Total Business
- Rs. 24,75,330 crore, up 12.01% YoY
- Gross NPA / CRAR
- 2.42% / 17.94%
Quarterly numbers
The board approved the accounts for the quarter ended September 30, 2026, and released a press note with the key highlights. Net profit for the quarter stood at Rs. 5,537 crore, against Rs. 5,332 crore in the preceding June quarter, a rise of 3.84%. Interest income was Rs. 28,158 crore, net interest income Rs. 10,583 crore and operating profit Rs. 8,108 crore. Net interest margin (NIM) came in at 2.86%.
Business size
- Total business: Rs. 24,75,330 crore, up 12.01% year on year
- Gross advances: Rs. 11,55,876 crore, up 18.53% year on year
- Global deposits: Rs. 13,19,455 crore, up 6.87% year on year
- CASA: Rs. 4,60,728 crore; CASA ratio 34.93%
- Credit-deposit ratio: 88.13%
Retail, agri and MSME
The RAM (retail, agriculture and MSME) book grew 14.65% year on year to Rs. 6,35,527 crore and formed 57.47% of domestic advances. Within it, retail advances were Rs. 2,65,323 crore (up 11.24%), agriculture Rs. 1,89,810 crore (up 12.71%) and MSME Rs. 1,80,394 crore (up 22.39%).
Asset quality
Gross NPA ratio was 2.42%, down 87 basis points year on year, and the net NPA ratio was 0.42%, down 13 basis points. Provision coverage ratio stood at 95.20% and credit cost at 0.21%.
Capital and returns
- CRAR: 17.94%
- CET-1 ratio: 16.05%, against 14.37% a year earlier
- Return on assets: 1.38%
- Return on equity: 17.21%
- Cost to income ratio: 46.78%
What else was shared
- Network of 8,713 branches including foreign branches, 8,815 ATMs and 28,654 business correspondent points
- New enrolments during the quarter: 6.23 lakh under PMJJBY, 21.76 lakh under PMSBY and 2.85 lakh under APY
- PMJDY: 3.49 crore accounts with a balance of Rs. 16,671 crore
- Union Nari Shakti scheme: 1,995 applications sanctioned for Rs. 346 crore
- Credit sanctioned towards green initiatives: Rs. 39,110 crore for the renewable energy sector and Rs. 3,731 crore under Union Green Miles
How to read this
This is a quarterly results release, so it is a data set to compare against earlier quarters rather than a single event. The update puts profit, margin, loan and deposit growth, bad-loan ratios and capital ratios on record, along with the branch network and government scheme enrolments.
Also from Union Bank of India
Union Bank of India reported Q2 profit up 30%, the highest growth among banks, helped by 18.5% advances growth and a 20 basis point rise in NIMs, though deposit growth lagged below 7%
21 Oct 2026
Union Bank of India management discussed deposit growth, CD ratio, liquidity and treasury income trends in an earnings interview
21 Oct 2026
Audio recording of post earnings call for September 2026 quarter made available
19 Oct 2026
More numbers
- Net profit, Q2FY27Rs. 5,537 Crores
- Interest income, Q2FY27Rs. 28,158 Crores
- Total business as on September 30, 2026Rs. 24,75,330 Crores
- Global deposits as on September 30, 2026Rs. 13,19,455 Crores
- Gross NPA ratio2.42%
- Net NPA ratio0.42%
- CRAR17.94%
- CET-1 ratio16.05%
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