Market Performance
Shares of UCO Bank slipped 0.96% in early trade on July 21, 2025, following the release of its financial results for the first quarter of FY26.
The stock was trading at ₹31.82 per share after the earnings were announced.
Main News
UCO Bank, a state-owned lender, posted a net profit of ₹607 crore for the quarter ending June 30, 2025.
This reflects a 10% year-on-year increase compared to the same period last year.
The performance was supported by a steady rise in core income and improved asset quality.
Company Details
- Net Interest Income (NII) for Q1FY26 stood at ₹2,403 crore, marking a 7% YoY growth.
- This growth in NII reflects better operational efficiency and steady lending performance.
- Gross Non-Performing Assets (Gross NPA) for the quarter came in at 2.63%, showing an improvement from 2.69% in the previous quarter.
- Net NPA also declined to 0.45%, compared to 0.50% in the March 2025 quarter.
- Provisions for the quarter stood at ₹616 crore, down from ₹663 crore in the previous quarter, indicating a reduction in potential credit risk.
Financial Performance Breakdown
Revenue (Net Interest Income)
- ₹2,403 crore in Q1FY26
- 7% YoY increase
Net Profit
- ₹607 crore for the June quarter
- 10% YoY growth
Asset Quality
- Gross NPA: 2.63% (vs. 2.69% in Q4FY25)
- Net NPA: 0.45% (vs. 0.50% in Q4FY25)
Provisions
- ₹616 crore in Q1FY26
- Decreased from ₹663 crore in Q4FY25
Summary of the Article
UCO Bank posted a solid financial performance in Q1FY26 with 10% growth in net profit and a 7% rise in NII.
The bank also improved its asset quality, with a reduction in both Gross and Net NPAs.
Additionally, provisions declined sequentially, reflecting a more stable risk profile.
Despite the positive financials, UCO Bank’s share price dipped 0.96%, indicating a mixed reaction from the market.
