ALPHA TRIBE

UCO BankUpdates, 21-07-2025: Press Release

21-07-2025 | 03:07 pm

UCO Bank delivered strong Q1 results. Net Profit rose 10.16% YoY to ₹607 Cr, driven by an 18.24% jump in Operating Profit to ₹1,562 Cr. Total Business grew 13.51% YoY to ₹5,23,736 Cr, with Gross Advances up 16.48% to ₹2,25,101 Cr and Deposits up 11.37% to ₹2,98,635 Cr. The bank saw robust 23.47% growth in RAM (Retail, Agri, MSME) advances. Asset quality improved sharply, with Gross NPA down 69 bps to 2.63% and Net NPA down 33 bps to 0.45%. Strong fundamentals.

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