New Delhi, July 15 -- Union Bank of India Q1 results: Public sector bank (PSB) Union Bank of India, on Wednesday, 15 July, reported a 29.6% year-on-year (YoY) rise in its stanbdalone profit to Rs.5,332.30 crore for the April-June quarter of the current financial year (Q1FY27). The lender's profit was Rs.4,115.53 crore in the corresponding quarter of the previous financial year.

1. The bank's total income for the June quarter rose by 1.3% YoY to Rs.31,806.20 crore. In Q1FY26, its total income was Rs.31,405.03 crore.

2. Union Bank of India's operating expenses declined by 0.80% YoY to Rs.6,637.66 crore from Rs.6,689.67 crore in the same quarter last year.

Operating profit for the quarter under review jumped nearly 16% YoY to Rs.8,002.58 ...