UCO Bank Q1 profit rises 8% to Rs 656 cr
India, July 23 -- State-owned UCO Bank on Wednesday reported an 8 per cent increase in net profit at Rs 656 crore for the first quarter of the current financial year.
The Kolkata-based bank had earned a net profit of Rs 607 crore in the same quarter of the previous financial year.
Total income rose to Rs 8,682 crore during the June quarter of 2026-27, from Rs 7,433 crore a year ago, UCO Bank said in a regulatory filing. Interest earned by the bank improved to Rs 6,996 crore, as compared to Rs 6,436 crore in the June quarter of FY26.
During the period, operating profit of the bank also increased to Rs 2,810 crore from Rs 1,562 crore a year ago.
The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.08 per...
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