Conference Call with UCO Bank Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
UCO Bank announced Q1FY26 results Total Business grew by 13.51% YoY to Rs 5,23,736 crore as on 30.06.2025 from Rs 4,61,408 crore as on 30.06.2024. Total Deposits increased by 11.37% YoY basis to Rs 2,98,635 crore as on 30.06.2025 from Rs 2,68,155 crore as on 30.06.2024. Gross Advances grew 16.48% YoY to Rs 2,25,101 crore as on 30.06.2025 as against Rs 1,93,253 crore as on 30.06.2024. RAM (Retail, Agri & MSME) business stood at Rs 1,25,927 crore as on 30.06.2025 as against Rs 1,01,986 crore as on 30.06.2024, registering a growth of 23.47% YoY basis. Retail Advances stood at Rs 56,195 crore as on 30.06.2025 as against Rs 42,985 crore as on 30.06.2024 registering a growth of 30.73% YoY basis, backed by growth in Home loan and Vehicle loan portfolio which registered a growth of 17.92% and 66.94% respectively on YoY basis. Agriculture Advances stood at Rs 29,961 crore as on 30.06.2025 as against Rs 25,950 crore as on 30.06.2024, showing a growth of 15.46% YoY basis. Advances to MSME sector stood at Rs 39,771 crore as on 30.06.2025 as against Rs 33,051 crore as on 30.06.2024, registered a growth of 20.33% YoY basis. Business per employee improved to Rs 24.64 crore as on 30.06.2025 as against Rs 21.65 crore for the Q1FY25. Profitability: Operating Profit for the Q1FY26 stood at Rs 1,562 crore registering a growth of 18.24% YoY basis as against Rs 1,321 crore for the Q1FY25. Net Profit for the Q1FY26 stood at Rs 607 crore as against Rs 551 crore for the same period in the preceding year, registering a growth of 10.16% YoY. Net Interest Income & Margin: Net Interest Income (NII) for the Q1FY26 stood at Rs 2,403 crore registering a growth of 6.61% YoY basis as against Rs 2,254 crore for the Q1FY25. Net Interest Margin (NIM) – Global stood at 2.96% and Domestic NIM at 3.18 for the Q1FY26. Asset Quality: Gross NPA improved to 2.63% as on 30.06.2025 as against 3.32% as on 30.06.2024, registering an improvement of 69 bps YoY. Net NPA improved to 0.45% as on 30.06.2025 as against 0.78% as on 30.06.2024, registering an improvement of 33 bps YoY. Provision Coverage Ratio stood at 96.88% as on 30.06.2025. Result PDF