Union Bank of India Q2 profit rises 30% to ₹5,537 crore; gross NPA ratio falls to 2.42%
Union Bank of India reported a net profit of ₹5,537 crore for July to September 2026, up 30.3% from ₹4,249 crore a year earlier. Its gross NPA ratio was 2.42% on 30 September 2026, down from 3.29% a year earlier.
Union Bank of India, a government-owned bank, reported a net profit of ₹5,537 crore for the quarter ended 30 September 2026 (July to September, the second quarter of the financial year 2026-27, or Q2 FY27). That is 30.3% more than the ₹4,249 crore it reported for the same quarter a year earlier. Its gross NPA ratio, the share of its loans that borrowers have stopped repaying on time, was 2.42% on 30 September 2026, against 3.29% a year earlier. News outlets reported the results on 19 October 2026.
Key terms
- Net profit is the profit left after all expenses, provisions and tax. Standalone means the bank’s own accounts, without subsidiaries; consolidated adds the subsidiaries and associates.
- Gross NPA (non-performing asset) is a loan on which the borrower has stopped paying on time. The gross NPA ratio is those loans as a share of all loans. Net NPA is the same after subtracting the money the bank has set aside against them.
- A basis point is one-hundredth of a percentage point, so 87 basis points is 0.87 percentage points.
Q2 FY27 figures
| Metric | Q2 FY27 | Change |
|---|---|---|
| Net profit (₹ crore) | 5,537 | +30.3% year on year (from 4,249) |
| Gross NPA ratio | 2.42% | down 87 basis points year on year; down from 2.65% on 30 June 2026 |
| Net NPA ratio | 0.42% | down 13 basis points year on year; down from 0.47% on 30 June 2026 |
Year on year means compared with the same quarter a year earlier, July to September 2025. Net profit growth is the reports’ figure and checks by arithmetic (5,537 against 4,249 is +30.3%). The ₹5,537 crore figure is treated here as the standalone profit. The Free Press Journal separately reported a consolidated net profit of ₹5,781 crore for the quarter, up 30.63% from ₹4,425.95 crore.
Basis of these figures
The bank’s results filing and press release could not be opened for this article: the bank’s financial-results page returned an error and no exchange filing was reachable. The figures above are therefore attributed to reports by Indian Masterminds, Whalesbook and the Free Press Journal. All three agree on the 2.42% gross NPA ratio, and Indian Masterminds and Whalesbook agree on the ₹5,537 crore profit. The year-ago profit of ₹4,249 crore and the net NPA and 30 June 2026 comparisons are from Indian Masterminds. The consolidated figures are from the Free Press Journal only. The reports do not state whether ₹5,537 crore is standalone or consolidated. Other figures reported by only one outlet were left out.