UCO Bank Q1FY26: Net Profit rises by 10.16% YoY, Gross NPA reduces by 60 bps
UCO Bank reports net profit of Rs 607 crore in Q1 FY 2025-26 with 10 percent growth YoY and strong rise in advances deposits and asset quality.
State-owned UCO Bank has announced the quarterly financial results of the financial year 2025-26 and the Total Business of the Bank stood at Rs.5,23,736 Crore as on 30.06.2025 showing an increase of 13.51 % Y-o-Y, wherein Gross Advances increased by 16.48% Y-o-Y to Rs.2,25,101 Crore and the Total Deposits grown by 11.37% Y-o-Y to Rs.298635 Crore.
Net profit for the quarter ending 30.06.2025 stood at Rs.607 Crore as against Rs.551 Crore for the same period of preceding year, registering a growth of 10 .16% Y-o-Y. Operating Profit for the quarter ended 30.06.2025 stood at Rs.1,562 Crore as against 1,321 Crore showing an increase of 18.24 % Y-o-Y basis.
RAM segment of the Bank increased by 23.47 % to Rs. 1,25,927 Crore on Y-o-Y backed by 30.73% Yo-Y growth in Retail advances 15.46% Y-o-Y growth in Agriculture advances and 20.33 % Y-o-Y growth in MSME advances.
The Bank’s Gross NPA reduced by 69 bps Y-o-Y to 2.63 % as on 30.06.2025 whereas Net NPA reduced by 33 bps Y-o-Y to 0.45 % as on 30.06.2025.
Meanwhile, the Capital Adequacy Ratio (CRAR) stood at 18.39% as on 30.06.2025 with Tier I Capital Ratio of 16.36%
The Credit to Deposit Ratio stood at 75.38% as on 30.06.2025.
Shares of UCO Bank are closed at Rs 31.79, down by 1.06% at BSE.
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