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UCO Bank reports 10% fall in Q4 net profit
Apr-30-2024

UCO Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The bank has reported 9.54% fall in its net profit at Rs 525.77 crore for the quarter under review as compared to Rs 581.24 crore for the same quarter in the previous year. However, total income of the bank increased by 17.45% at Rs 6984.61 crore for Q4FY24 as compared Rs 5946.94 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the bank has reported 11.20% fall in its net profit at Rs 1653.74 crore as compared to Rs 1862.34 crore for the previous year. However, total income of the bank increased by 24.61% at Rs 25119.87 crore for year under review as compared to Rs 20158.98 crore for year ended March 31, 2023.


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