Union Bank Q2 profit seen down 60% to Rs 263 cr, slippages key

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26 Aug, 2025 12:21

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Public sector lender Union Bank of India's second quarter profit is likely to fall 60.1 percent to Rs 262.7 crore compared with year-ago period, according to consensus estimates of CNBC-TV18.

Net interest income, the difference between interest earned and interest expended, may grow 2.6 percent year-on-year to Rs 2,157.3 crore in Q2. Analysts say if slippages fall below Rs 3600 crore (against Rs 3,603 crore in Q1) then that will be positive. Movement in stressed assets will be closely watched.

Treasury gains may remain strong for the bank as government securities yield declined by 49 basis points in Q2FY17. Ageing of NPA's may keep provisions on the higher end despite sequential decline in slippages.

Interest reversal may keep net interest margin under pressure. Net interest margin in Q1 was at 2.28 percent.