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(25/04/2026 20:20)

UCO Bank Q4 net profit up 22.79% at Rs 801.15 cr

The bank reported standalone net profit of Rs 801.15 crore for the quarter ended March 31, 2026 as compared to Rs 652.43 crore in the same period last year, registering a year-on-yearÿgrowthÿof 22.79 per cent.

Interest income of the bank declined by 1.31 per cent at Rs 6656.33 crore for the quarter ended March 31, 2026 as against Rs 6744.59 crore in the corresponding period last year.

During the January-March quarter, total income dipped moderately by 9.48 per cent to Rs 7,365.22 crore from Rs 8,136.79 crore in the year ago period.

Meanwhile, operating expenses dropped by 10.03 per cent to Rs 5,791.98 crore from Rs 6,438.02 crore in the same period last year.

Operating profit slipped 7.39 per cent to Rs 1,573.24 crore from Rs. 1,698.77 crore.

Provisions and Contingencies slipped by 50.78 per cent at Rs 326.13 crore from Rs 662.63 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, slipped by 3.12 per cent at Rs 2,614.30 crore versus Rs 2,698.49 crore in the year ago period. Non-interest income dipped 49.08 per cent year-on-year to Rs 708.89 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 2.17 per cent of the gross advances as at the end of March 31, 2026 from a level of 2.69 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.27 per cent of net advances on March 31, 2026 from 0.50 per cent a year ago.

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