-- Union Bank of India's (NSE:UNIONBANK, BOM:532477) consolidated net profit rose to 55.0 billion Indian rupees in the fiscal fourth quarter ended March 31, from 50.1 billion rupees a year ago.
Earnings per share came in at 7.21 rupees from 6.56 rupees a year earlier, the bank said in filing to the Indian bourses on Thursday.
Interest earned by the lender in fiscal Q4, however, fell to 266.8 billion rupees from 273.7 billion rupees a year ago.
The board of directors has recommended a dividend of of 5 rupees per equity share of 10 rupees each for the financial year 2025-26.
The bank's shares were down nearly 7% in recent trade.