UCO Bank declares Q4FY22 result: Bank has made Net Profit of Rs 312.18 crore during the quarter ended March 2022 as against Net Profit of Rs 80.02 crore in the quarter ended March 2021 registering a growth of 290.11%. Bank has made Net Profit of Rs 929.76 crore during the year ended March 2022 as against Net Profit of Rs 167.03 crore in the quarter ended March 2021 registering a growth of 456.63%. Operating Profit of the Bank for the year ended March 2022 has increased to Rs 4797.43 crore as against Rs 4149.07 crore for the year ended March 2021 registering a growth of 15.63%. Net Interest Income of the Bank for the quarter ended March 2022 has increased to Rs 1652.38 crore from Rs 1412.61 crore for the quarter ended March 2021 registering a growth of 16.97%. Net Interest Income of the Bank for the year ended March 2022 has increased to Rs 6472.95 crore from Rs 5479.70 crore for the year ended March 2021 registering a growth of 18.13%. This is highest Net Interest Income earned by the Bank. Other Income of the Bank for the quarter ended March 2022 has stood at Rs 588.95 crore as against Rs 719.15 crore for the quarter ended December 2021. Other Income of the Bank for the year ended March 2022 has stood at Rs 3100.81 crore as against Rs 3424.18 crore for the year ended March 2021. Total Business of the Bank has increased to Rs 353850.24 crore as on 31.03.2022 from Rs 324324.20 crore as on 31.03.2021 registering a growth of 9.10%. Total Deposits of the Bank has increased to Rs 224072.90 crore as on 31.03.2022 from Rs 205919.39 crore as on 31.03.2021 registering a growth of 8.82%. CASA of the Bank (Domestic) stood at 40.26% as on 31.03.2022. Savings Deposits of the Bank has increased to Rs 77161.76 crore as on 31.03.2022 from Rs 70808.70 crore as on 31.03.2021 registering a growth of 8.97%. Total Advances of the Bank stands at Rs 129777.34 crore as on 31.03.2022 as against Rs 118404.81 crore as on 31.03.2021 registering a growth of 9.60%. Gross NPA of the Bank has reduced to Rs 10237.43 crore (7.89%) as on 31.03.2022 from Rs 11351.97 crore (9.59%) as on 31.03.2021. Gross NPA as on 31.12.2021 was at Rs 10042.41 crore (8.00%) as on 31.12.2021. Net NPA of the Bank has reduced to Rs 3315.78 crore (2.70%) as on 31.03.2022 from Rs 4389.50 crore (3.94%) as on 31.03.2021 and from Rs 3333.59 crore (2.81%) as on 31.12.2021. Result PDF
UCO Bank declares Q3FY22 result: Net NPA of the Bank has reduced to Rs 3,333.59 Crore (2.81%) as on 31.12.2021 from Rs 3,854.33 Crore (3.37%) as on 30.09.2021. Gross NPA of the Bank has reduced to Rs 10,042.41 Crore (8.00%) as on 31.12.2021 from Rs 11,440.47 Crore (9.80%) as on 31.12.2020 and from Rs 10,909.79 Crore (8.98%) as on 30.09.2021 Provision Coverage Ratio of the Bank has increased to 91.30% as on 31.12.2021 from 91.22% as on 31.12.2020 and from 90.02% as on 30.09.2021. Capital Adequacy Ratio of the Bank stood at 14.56% and CET-I Ratio at 11.73% as on 31.12.2021 vis-a-vis Capital Adequacy Ratio at 14.31% and CET-I Ratio at 11.37% as on 30.09.2021. Bank has made Net Profit of Rs 310.39 Crore during the quarter ended December 2021 as against Net Profit of Rs 35.44 Crore in the quarter ended December 2020 registering a growth of 775.87%. Operating Profit of the Bank for the quarter December 2021 stood at Rs 1340.30 Crore as against Rs 1099.65 Crore for the quarter ended December 2020 registering a growth of 21.88%. Net Interest Income of the Bank for the quarter ended December 2021 has increased to Rs 1,762.61 Crore from Rs 1,407.15 Crore for the quarter ended December 2020 registering a growth of 25.26%. This is highest Net Interest Income earned by the Bank. Total Business of the Bank has increased to Rs 34,4321.66 Crore as on 31.12.2021 from Rs 31,9218.28 Crore as on 31.12.2020 registering a growth of 7.86%. Total Deposits of the Bank has increased to Rs 2,18,802.52 Crore as on 31.12.2021 from Rs 2,02,421.04 Crore as on 31.12.2021 registering a growth of 8.09%. CASA of the Bank (Domestic) stood at 38.63% as on 31.12.2021. Savings Deposits of the Bank has increased to Rs 74,174.27 Crore as on 31.12.2021 from Rs 68,234.74 Crore as on 31.12.2021 registering a growth of 8.70%. Total Advances of the Bank stands at Rs 1,25,519.13 Crore as on 31.12.2021 as against Rs 1,16,797.24 Crore as on 31.12.2020 registering a growth of 7.47%. Result PDF
Financial Performance: Bank has made Net Profit of Rs. 205.39 Crore during the quarter ended September 2021 us against Net Profit of Rs. 30.11 Crore in the quarter ended September 2020 registering a growth of 582.12%. Operating Profit of the Bank for the quarter September 2021 stood at Rs. 1334.15 Crore as against Rs. 1075.39 Crore for the quarter ended September 2020 registering a growth of 23.99%. Net Interest Income of the Bank for the quarter ended September 2021 has increased to Rs. 1597.72 Crore from Rs. 1393.16 Crore for the quarter ended September 2020 registering a growth of 14.68%. This is highest Net Interest Income in the history. Other Income of the Bank for the quarter ended September 2021 has increase to Rs. 936.07 Crore as against Rs. 712.52 Crore for the quarter ended September 2020 registering a growth of 31.37%. Total Business of the Bank has increased to Rs. 335237.94 Crore as on 30.09.2021 from Rs. 312746.10 Crore as on 30.09.2020 registering a growth of 7.19% Total Deposits of the Bank has increased to Rs. 213685.92 Crore as on 30.09.2021 from Rs.197696.38 Crore as on 30.09.2020 registering a growth of 8.09% CASA of the Bank (Domestic) stood at 38.95% as on 30.09.2021. Savings Deposits of the Bank has increased to Rs. 72892.09 Crore as on 30.09.2021 from Rs. 67486.84 Crore as on 30.09.2020 registering a growth of 8.01%. Total Advances of the Bank stands at Rs. 121552.03 Crore as on 30.09.2021 as against Rs. 115049.72 Crore as on 30.09.2020 registering a growth of 5.65% Gross NPA of the Bank has reduced to Rs 10909.79 Crore (8.98%) as on 30.09.2021 from Rs. 13365.74 Crore (11.62 %) as on 30.09.2020 and from Rs. 11321.76 Crore (9.37%) as on 30.06.2021. Net NPA of the Bank has reduced to Rs. 3854.33 Crore (3.37%) as on 30.09.2021 from Rs. 4387.24 Crore (3.85%) as on 30.06.2021. Net NPA percentage as on 30.09.2020 stand at 3.63%. Provision Coverage Ratio of the Bank has increased to 90.02% as on 30.09.2021 from 89.82% as on 30.09.2020 and from 88.53% as on 30.06.2021. Capital Adequacy Ratio of the Bank stood at 14.31% and CET-1 Ratio at 30.09.2021. Result PDF