UCO Bank Q4: reports 24% growth in Net Profit
Net profit stood at Rs.2,445 Crore for the year ended March 2025 showing a growth of 47.80% Y-oY as against Rs.1,654 Crore for year ended March 2024.
State-run UCO Bank has declared the quarterly financial results of the company ended March-2025. Net Profit for the quarter ended 31.03.2025 stood at Rs.652 Crore as against Rs.526 Crore for the same period in the preceding year, registering a growth of 23.98% Y-o-Y.
Net profit stood at Rs.2,445 Crore for the year ended March 2025 showing a growth of 47.80% Y-oY as against Rs.1,654 Crore for year ended March 2024.
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Total Business of the Bank stood at Rs.5,13,527 Crore as on 31.03.2025 showing an increase of 14.12% Y-o-Y, wherein Gross Advances increased by 17.72% Y-o-Y to Rs.2,19,985 Crore & Total Deposits grown by 11.56% Y-o-Y to Rs.2,93,542 Crore.
Read Also : AAI Neelima Gupta, Senior Manager (Engg.-E), honoured with 'Achievement Award for Women in Construction'Gross NPA reduced by 77 bps Y-o-Y to 2.69 % as on 31.03.2025 whereas Net NPA reduced by 39 bps Y-o-Y to 0.50 % as on 31.03.2025. As well the Provision Coverage Ratio is standing at 96.69% as on 31.03.2025.
Capital Adequacy Ratio (CRAR) stood at 18.49% as on 31.03.2025 with Tier I Capital Ratio of 16.37%.
Meanwhile, the Board has declared a Dividend @ 3.90%(i.e @ 39 paise per equity share) for the year 2024-25.
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