Quarterly Result22 Jul 2026, 04:50 pm
UCO Bank Q1 FY27 Net Profit Up 8.05% to ₹656 Cr
AI Summary
UCO Bank reported its unaudited financial results for the quarter ended June 30, 2026. The bank's total business grew by 15.53% year-on-year to ₹6,05,083 Crore. Gross advances increased by 21.18% to ₹2,72,768 Crore, and total deposits grew by 11.28% to ₹3,32,315 Crore. Operating profit saw a significant jump of 79.84% to ₹2,810 Crore. Net profit for the quarter was ₹656 Crore, an 8.05% increase from the previous year. The bank also reported a reduction in NPAs, with Gross NPA at 2.08% and Net NPA at 0.25%. The Capital Adequacy Ratio stood at 19.03%.
Key Highlights
- Net profit rose 8.05% YoY to ₹656 Crore.
- Total business grew 15.53% YoY to ₹6,05,083 Crore.
- Operating profit surged 79.84% YoY to ₹2,810 Crore.
- Gross NPA reduced to 2.08%, Net NPA to 0.25%.
- CASA ratio stood at a healthy 36.94%.
Price Impact
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