Union Bank of India Earnings Summary — Q1 FY2027
Union Bank of India Delivers Strong Q1 FY27 Performance with 55% YoY Net Profit Growth
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue grew 2.8% sequentially in Q1 FY2027.
- Revenue of ₹27,427 Cr is 1.2% higher year-on-year.
- Revenue has compounded at 1.5% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹5,642 Cr is 27.4% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 26.4% annualised across the period.
- Operating margin stands at 69.4% in Q1 FY2027.
- Operating margin expanded by 206 bps year-on-year.
- Over the last two years operating margin has expanded by 473 bps.
- PBT margin is 25.8%.
- Expense growth of -5.2% remained below revenue growth of 1.2%.
- Operating profit of ₹19,039 Cr is 4.3% higher year-on-year.
- Operating leverage continues to improve.
- 4 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 72/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 27,427 | 26,676 | 26,819 | 26,205 | 27,099 | 27,869 | 26,720 | 26,887 | 26,527 | 26,510 |
| Expenses | Stable | 8,388 | 8,744 | 7,994 | 9,056 | 8,844 | 9,673 | 8,096 | 8,686 | 9,367 | 9,365 |
| Operating Profit | Stable | 19,039 | 17,932 | 18,825 | 17,149 | 18,254 | 18,196 | 18,625 | 18,200 | 17,160 | 17,145 |
| Operating Margin | Stable | 69.4% | 67.2% | 70.2% | 65.4% | 67.4% | 65.3% | 69.7% | 67.7% | 64.7% | 64.7% |
| Other Income | Stable | 5,233 | 5,999 | 5,183 | 5,550 | 4,869 | 6,223 | 4,614 | 5,926 | 4,799 | 5,102 |
| Interest | Stable | 17,206 | 17,005 | 17,370 | 17,247 | 17,855 | 18,245 | 17,350 | 17,720 | 17,004 | 16,966 |
| Depreciation | Insufficient data | — | — | — | — | — | — | — | — | — | — |
| Profit Before Tax | Improving | 7,067 | 6,926 | 6,638 | 5,453 | 5,269 | 6,175 | 5,889 | 6,406 | 4,954 | 5,281 |
| Tax | Accelerating | 1,699 | 1,592 | 1,609 | 1,171 | 1,132 | 1,174 | 1,292 | 1,684 | 1,354 | 1,971 |
| Net Profit | Improving | 5,642 | 5,504 | 5,073 | 4,426 | 4,428 | 5,011 | 4,623 | 4,751 | 3,642 | 3,328 |
| Net Margin | Improving | 20.6% | 20.6% | 18.9% | 16.9% | 16.3% | 18.0% | 17.3% | 17.7% | 13.7% | 12.6% |
Key Takeaways
- Consolidated Net Profit rose significantly to ₹5,642 crore in Q1 FY27, up from ₹4,428 crore in the same quarter last year.
- The total business of the bank reached approximately ₹23.80 lakh crore, indicating steady asset and deposit growth.
- Financing Margin improved sharply to 7% for the quarter, the highest level recorded in over two years.
- Quarterly revenue saw a recovery to ₹27,427 crore after three consecutive quarters of staying below the ₹27,000 crore mark.
- Foreign Institutional Investors (FIIs) increased their stake significantly, rising from 7.70% a year ago to 9.37% in Mar 2026.
- Operating expenses were well-managed at ₹8,388 crore, remaining lower than the ₹8,744 crore reported in the prior quarter.
Management Guidance
The bank remains focused on total business growth and maintaining high asset quality, as evidenced by a total business volume of ₹23.80 lakh crore.
Sentiment Shift
Improving
A sharp rise in financing margin to 7% and robust YoY profit growth of 27% indicate strengthening operational efficiency and profitability.
Outlook
The bank is positioned for continued margin expansion and profit growth driven by controlled expenses and scaling business volumes to ₹23.80 lakh crore.
From the Annual Report (Key Quotes)
“Union Bank of India announced Q1FY27 results: net profit Rs 5,332 crore (standalone), business Rs 23.80 lakh crore.”
“Union Bank posted Q1 FY27 standalone net profit of ₹533.23 crore and consolidated ₹564.15 crore [Note: scaled values internally].”
“Unaudited Reviewed Financial Results approved for the quarter ended on June 30, 2026.”
Official Quarterly Documents
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This summary is AI-generated from Union Bank of India's latest quarterly filing and earnings call. For informational purposes only — not investment advice.