UCO Bank Q1 Result: UCO Bank reported an 8% year-on-year jump in its net consolidated profit to Rs 656 crore in the June quarter of financial year 2026-27. The public sector lender also saw improvement in its net interest margin (NIM) to 3% and a decline in gross non-performing assets (NPAs).
UCO Bank stock closed 1% lower at Rs 26.57 per share on BSE with a market capitalisation of Rs 33,317.61 crore. The stock touched an intraday high mark of Rs 27.03 per share and an intraday low mark of Rs 26.48 per share.
UCO Bank Q1 Result Highlights: Net Profit
The Kolkata-headquartered lender reported an 8% jump in net profit to Rs 65,632 lakh in Q1FY 26 from Rs 60,744 lakh reported in the year-ago period. The PSU lender's net profit stood at Rs 80,115 lakh in Q4FY26. UCO Bank's total income stood at Rs 4,64,224 lakh during the quarter under review.
UCO Bank Q1 Result: NIMs Surge
UCO Bank's net interest margins (NIMs) globally increased by 9 basis points on an annual basis and stood at 3.05%. Whereas its NIM improved by 6 bps on an annual basis and stood at 3.24% for the quarter ended in June 2026.
Its net interest income (NII) grew by 16.86% on an annual basis to Rs 2,808 crore for Q1FY27 as against Rs 2403 crore for the same quarter in the previous financial year. The bank's yield on advances (domestic) stood at 8.14% in Q1FY27.
UCO Bank Asset Quality Improves in Q1
UCO Bank's asset quality improved in the first quarter of FY 27. Its gross NPA reduced by 55 basis points on an annual basis to 2.08% in Q1FY27, whereas net NPA reduced by 20 basis points annually to 0.25%. The bank's capital adequacy ratio stood at 19.03% as on 30.06.2026.
The Kolkata-based bank reported that its retail advances stood at Rs 71,549 crore for the June quarter against Rs 56,195 crore June quarter of FY26. It registered an annual growth of 7.32%, backed by growth in home loan and vehicle loan portfolios.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
More Articles
- UltraTech Cement Share Price Today in Green Post Q1 Result | Buy, Sell or Hold?
- Indian Bank Doubles Down On AI: MD Binod Kumar On CASA Surprise, Treasury Gains, Conversational Banking in Q1
- Penny Stock Under Rs 20 Jumps 2%, Delivers 315% Return In 5 Yrs | What Investors Must Know
- 30% Return in 2026 So Far! Sindhu Trade Reports Q4 Result | Here's What Investors Must Know
- Globe International Share Price To Remain In Focus On Monday Post Strong Q4; Delivers 306% Returns in 3 Yrs
- Small Cap Stock Under Rs 30 Surges 2% In Week, Reports Q4 Profit | Key Things For Investors To Know