Public sector UCO Bank reported a 27% increase in net profit, reaching ₹786 crore for the second quarter ending September 30, 2026. This marks an increase from ₹620 crore in the same period last fiscal year.
Financial Highlights
- Total income rose to ₹8,170 crore in the second quarter, up from ₹7,421 crore a year ago.
- Interest income improved to ₹7,286 crore in the September quarter of FY27, compared to ₹6,537 crore in the previous year.
- Operating profit also increased to ₹1,872 crore, up from ₹1,613 crore in the same quarter last year.
Asset Quality
On the asset quality front, the bank's gross non-performing assets (NPAs) moderated to 1.96% of gross advances at the end of September 2026, down from 2.56% a year ago. Net NPAs, or bad loans, decreased to 0.18% at the end of September 2026, compared to 0.43% at the end of September 2025.
