UCO Bank Q1 Profit Rises 10%

  Published 1 year ago

UCO Bank posts 10% YoY net profit growth to ₹607 crore in Q1 FY26, supported by stable asset quality improvements.

  • Net interest income grows 7% YoY to ₹2,403 crore, reflecting efficient management of interest assets and funding costs.
  • Gross NPA falls to 2.63%, net NPA declines to 0.45%; provisions drop to ₹616 crore, showing better credit control.
  • Shares dip 0.96% post-results, despite solid financials, as investors stay cautious amid market uncertainty.
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