INTEGRATED FILING — BANKING



General information about company

Scrip code 532477
NSE Symbol UNIONBANK
MSEI Symbol NOTLISTED
ISIN INE692A01016
Name of bank Union Bank of India
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 08-May-2025   17:30:00
End date and time of board meeting 08-May-2025   19:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-21
Indicate Company website link for updated RPT policy of the Company https://www.unionbankofindia.co.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 203481800000 790669100000
Income on investments 57900700000 231841900000
Interest on balances with reserve bank of India and other inter bank funds 14645100000 50883700000
Others 924600000 3865000000
Total interest earned 276952200000 1077259700000
2 Other income 55590900000 198129200000
3 Total income 332543100000 1275388900000
Expenses
4 Interest expenses 181811700000 705123000000
5 Operating expenses
(i) Employees cost 40691300000 146676400000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other Operating expenses 33038600000 112689100000
Total other operating Expenses 33038600000 112689100000
Total Operating Expenses 73729900000 259365500000
6 Total expenditure excluding provisions and contingencies 255541600000 964488500000
7 Operating profit before provision and contingencies 77001500000 310900400000
8 Provisions other than tax and contingencies 15439200000 76109800000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 61562300000 234790600000
11 Provision for Tax 11713100000 54919200000
12 Net profit (loss) from ordinary activities after tax 49849200000 179871400000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 49849200000 179871400000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 49849200000 179871400000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 76336100000 76336100000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 998763400000
20 Analytical ratios
(i) Percentage of share held by government of India 74.76 74.76
(ii) Capital adequacy ratio
CET 1 ratio 14.98 14.98
Additional Tier 1 ratio 1.26 1.26
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 6.53 23.56
Diluted earnings per share before extraordinary items 6.53 23.56
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 6.53 23.56
Diluted earnings per share after extraordinary items 6.53 23.56
(iv) NPA Ratios
Amount of gross non-performing assets 353503800000 353503800000
Amount of net non-performing assets 59692900000 59692900000
% of gross NPAs 3.6 3.6
% of net NPAs 0.63 0.63
Return on assets 1.35 1.26
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 76336100000
Reserves and surplus 1053416000000
Deposits 13097495200000
Borrowings 273417900000
Other liabilities and provisions 497891900000
Total Capital Liabilities 14998557100000
2 ASSETS
Cash and Balances with Reserve Bank of India 895034800000
Balances with Banks and money at call and short notice 418304900000
Investments 3543814000000
Advances 9535133400000
Fixed Assets 97818800000
Other Assets 508451200000
Total Assets 14998557100000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury Operations 89937200000 328484500000
2 Retail Banking Operations 116794100000 450918700000
3 Corporate and Wholesale Banking Operations 117000800000 460218500000
4 Other Banking Operations 3604500000 24643400000
5 Unallocated 5206500000 11123800000
Total Segment Revenue 332543100000 1275388900000
Less: Inter segment revenue 0 0
Income from operations 332543100000 1275388900000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury Operations 19212800000 58326000000
2 Retail Banking Operations 21185300000 87533200000
3 Corporate and Wholesale Banking Operations 14251300000 64372100000
4 Other Banking Operations 1706400000 13435500000
5 Unallocated 5206500000 11123800000
Total Profit before tax 61562300000 234790600000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 61562300000 234790600000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury Operations 4964695500000 4964695500000
2 Retail Banking Operations 4578408700000 4578408700000
3 Corporate and Wholesale Banking Operations 5150267600000 5150267600000
4 Other Banking Operations 0 0
5 Unallocated 305185300000 305185300000
Total Segment Assets 14998557100000 14998557100000
Un-allocable Assets 0 0
Net Segment Assets 14998557100000 14998557100000
4 Segment Liabilities
Segment Liabilities
1 Treasury Operations 4590734500000 4590734500000
2 Retail Banking Operations 4233544300000 4233544300000
3 Corporate and Wholesale Banking Operations 4762328700000 4762328700000
4 Other Banking Operations 0 0
5 Unallocated 282197500000 282197500000
Total Segment Liabilities 13868805000000 13868805000000
Un-allocable Liabilities 0 0
Net Segment Liabilities 13868805000000 13868805000000
Disclosure of notes on segments




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 10710200000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 24924100000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 35634300000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -900457400000
Adjustments for decrease (increase) in other current assets -141201400000
Adjustments for increase (decrease) in trade payables 56216200000
Adjustments for increase (decrease) in other current liabilities 882211500000
Adjustments for provisions 0
Total adjustments for working capital -103231100000
Total adjustments for reconcile profit (loss) -67596800000
Net cash flows from (used in) operations 167193800000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 7057000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 160136800000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 160136800000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 0
Purchase of tangible assets 16414900000
Proceeds from sales of intangible assets 135900000
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 280900000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -15998100000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -15998100000
5 Cash flows from used in financing activities
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 3934200000
Repayments of borrowings 0
Dividends paid 27761800000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items -23827600000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -23827600000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 120311100000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 120311100000
Cash and cash equivalents cash flow statement at beginning of period 1193028700000
Cash and cash equivalents cash flow statement at end of period 1313339800000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 G S Mathur and Co Yes 30-Apr-2027
2 Chhajed and Doshi Yes 31-Jan-2026
3 P Chandrasekhar LLP Yes 31-Mar-2028
4 V K Ladha and Associates Yes 30-Apr-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 UNION BANK OF INDIA A Manimekhalai Managing Director & CEO Remuneration 0 not applicable 6347000 0 0
2 UNION BANK OF INDIA Nitesh Ranjan Executive Director Remuneration 0 not applicable 6492000 0 0
3 UNION BANK OF INDIA Ramasubramanian S Executive Director Remuneration 0 not applicable 5883000 0 0
4 UNION BANK OF INDIA Sanjay Rudra Executive Director Remuneration 0 not applicable 4357000 0 0
5 UNION BANK OF INDIA Pankaj Dwivedi Executive Director Remuneration 0 not applicable 3494000 0 0
6 UNION BANK OF INDIA Star UnionDai ichi Life Insurance Co Ltd Joint Venture Any other transaction borrowings 0 not applicable 500000000 0 0
7 UNION BANK OF INDIA Star UnionDai ichi Life Insurance Co Ltd Joint Venture Any other transaction Interest paid 0 not applicable 38700000 0 0
8 UNION BANK OF INDIA Chaitanya Godavari Grameena bank Associates Any other transaction Placement of Deposit 0 not applicable 533000000 0 0
9 UNION BANK OF INDIA Chaitanya Godavari Grameena bank Associates Any other transaction Interest paid 0 not applicable 500000 0 0
10 UNION BANK OF INDIA Chaitanya Godavari Grameena bank Associates Any other transaction Interest Received 0 not applicable 136400000 0 0
Total value of transaction during the reporting period 1235173000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 273417900000