UCO Bank Q1 Results: Net profit grows 10%, provisions at ₹616 crore; check all numbers

For Q1 FY26, the net interest income (NII) of the bank increased 7% to ₹2,403 crore as against ₹2,254 crore in Q1 FY25.

On a quarter-on-quarter (QoQ) basis, the Kolkata-headquartered lender’s gross NPA stood at 2.63% in contrast to 2.69% in the last quarter. The net NPA was reported at 0.45% as against 0.50% QoQ.

During the reporting quarter, UCO Bank’s provisions were seen at ₹616 crore as compared to ₹663 crore QoQ.

Following the earnings, UCO Bank shares were trading at ₹31.78 apiece on NSE, declining 1.09%.

Earlier this month, the lender reported a 13.7% YoY growth in total business for the quarter ended June 30, 2025, reaching ₹5.24 trillion. On a sequential basis, its total business increased 2%.

UCO Bank’s total advances stood at ₹2.25 trillion, showing a 16.6% YoY increase and a 2.3% rise sequentially. Its domestic advances advanced 19.8% on a yearly basis and 2.6% quarter-on-quarter to ₹2 trillion, indicating robust credit demand in the domestic market.

Total deposits grew 11.6% year-on-year and 1.7% quarter-on-quarter to ₹2.99 lakh crore. Domestic deposits were reported at ₹2.80 lakh crore, up 9.8% year-on-year and 1.5% quarter-on-quarter.

In April this year, a top official said UCO bank is planning to issue up to 270 crore fresh equity shares in the 2025-26 fiscal year to bring down the government's stake to 75% in compliance with SEBI’s minimum public shareholding (MPS) norms.

Based on the current market price of around ₹31 per share, the total issue may be valued at around ₹8,000 crore.