UCO Bank Q1 FY27 Net Profit ₹656 Crore

Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 30th June 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited (Reviewed) Financial Results under SEBI LODR Regulations

Date of Board Meeting / Approval: 22nd July 2026 (Meeting time: 02:30 pm to 04:05 pm)

Audit Opinion: Unmodified Opinion (Limited Review)

Auditor’s Comment: The auditors issued a limited review report with an unmodified opinion. They drew attention to Note 1, which states that in the absence of a requisite number of Independent Directors, the Audit Committee could not be constituted, and the results were placed directly before the Board by invoking Clause 14A of the Nationalised Banks Scheme, 1970.

Key Financial Highlights [₹ in Lakh]

Standalone Results:

Revenue from Operations (Interest Earned): ₹6,99,600 lakh (YoY: +8.7% from ₹6,43,601 lakh in Q1 FY26; QoQ: +5.1% from ₹6,65,633 lakh in Q4 FY26)

Interest on advances/bills: ₹5,11,822 lakh
Income on investments: ₹1,65,356 lakh
Interest on balances with RBI & other inter-bank funds: ₹21,331 lakh
Others: ₹1,091 lakh

Other Income: ₹1,68,624 lakh (YoY: +69.1% from ₹99,720 lakh; QoQ: +137.9% from ₹70,889 lakh)

Total Income: ₹8,68,224 lakh (YoY: +16.8% from ₹7,43,321 lakh; QoQ: +17.9% from ₹7,36,522 lakh)

Interest Expended: ₹4,18,764 lakh (YoY: +3.8% from ₹4,03,278 lakh; QoQ: +3.6% from ₹4,04,203 lakh)

Operating Expenses: ₹1,68,506 lakh (YoY: -8.3% from ₹1,83,817 lakh; QoQ: -3.7% from ₹1,74,995 lakh)

Employees Cost: ₹1,16,195 lakh (YoY: -9.0%; QoQ: +8.8%)
Other Operating Expenses: ₹52,311 lakh (YoY: -6.9%; QoQ: -23.3%)

Total Expenditure (excl. Provisions): ₹5,87,270 lakh (YoY: +0.03%; QoQ: +1.4%)

Operating Profit (Before Provisions): ₹2,80,954 lakh (YoY: +79.7% from ₹1,56,226 lakh; QoQ: +78.7% from ₹1,57,324 lakh)

Provisions and Contingencies (Net): ₹23,461 lakh (YoY: -61.9% from ₹61,606 lakh; QoQ: -28.1% from ₹32,613 lakh)

Provisions for Non-Performing Assets: ₹25,417 lakh (YoY: -45.1%; QoQ: +17.5%)

Profit Before Tax: ₹2,57,493 lakh (YoY: +172.1% from ₹94,620 lakh; QoQ: +106.9% from ₹1,24,711 lakh)

Provision for Taxes: ₹1,91,860 lakh (YoY: +466.4% from ₹33,876 lakh; QoQ: +330.3% from ₹44,596 lakh)

Net Profit: ₹65,632 lakh (YoY: +8.0% from ₹60,744 lakh; QoQ: -18.1% from ₹80,115 lakh)

EPS (Basic & Diluted): ₹0.52 (Not Annualized) (Q1 FY26: ₹0.48; Q4 FY26: ₹0.64; FY26: ₹2.21)

Paid-up Equity Share Capital: ₹12,53,956 lakh (Face Value ₹10/- each)

Reserves (excl. Revaluation): ₹17,56,007 lakh (Previous year: ₹17,56,007 lakh)

Net Worth: ₹27,15,348 lakh (As on 30 June 2025: ₹22,22,207 lakh; As on 31 March 2026: ₹24,46,221 lakh)

Analytical Ratios:

Government Holding: 90.95%

Capital Adequacy Ratio (Basel-III): 19.03% (Q1 FY26: 18.39%; Q4 FY26: 18.61%)

Common Equity Tier-I Ratio: 17.22% (Q1 FY26: 16.05%; Q4 FY26: 16.36%)
Additional Tier-I Ratio: 0.22% (Q1 FY26: 0.30%; Q4 FY26: 0.23%)

NPA Ratios:

Gross NPA: ₹5,66,716 lakh; Ratio: 2.08% (Q1 FY26: ₹5,91,152 lakh, 2.63%; Q4 FY26: ₹5,69,020 lakh, 2.17%)
Net NPA: ₹67,571 lakh; Ratio: 0.25% (Q1 FY26: ₹99,760 lakh, 0.45%; Q4 FY26: ₹70,191 lakh, 0.27%)
Provision Coverage Ratio: 97.85% (Q1 FY26: 96.88%)

Debt Equity Ratio: 0.73 (Q1 FY26: 0.83; Q4 FY26: 0.70)

Total Debt to Total Assets: 0.06 (Q1 FY26: 0.07; Q4 FY26: 0.06)

Return on Assets (Annualized): 0.68% (FY26: 0.79%)

Operating Margin: 32.36% (Q1 FY26: 21.02%; Q4 FY26: 21.36%)

Net Profit Margin: 7.56% (Q1 FY26: 8.17%; Q4 FY26: 10.88%)

Segment-wise Performance [₹ in Lakh]:

Segment Results (Profit Before Tax):

Treasury Operations: ₹73,344 lakh (Q1 FY26: ₹48,494 lakh; Q4 FY26: ₹84,847 lakh)
Corporate Banking Operations: ₹91,481 lakh (Q1 FY26: ₹21,808 lakh; Q4 FY26: ₹20,040 lakh)
Retail Banking Operations: ₹87,438 lakh (Q1 FY26: ₹19,732 lakh; Q4 FY26: ₹19,164 lakh)
Digital Banking (sub-segment): (₹59) lakh loss
Other Retail Banking: ₹87,497 lakh
Other Banking Operations: ₹5,229 lakh (Q1 FY26: ₹4,586 lakh; Q4 FY26: ₹657 lakh)
Total Segment Profit: ₹2,57,492 lakh
Less: Unallocated Expenses: ₹0 lakh

Segment Assets (As on 30 June 2026):

Treasury Operations: ₹1,21,79,351 lakh
Corporate Banking Operations: ₹1,42,62,295 lakh
Retail Banking Operations: ₹1,35,52,431 lakh
Digital Banking: ₹94 lakh
Other Retail Banking: ₹1,35,52,337 lakh
Other Banking Operations: ₹49,179 lakh
Total Assets: ₹4,00,43,255 lakh

Segment Liabilities (As on 30 June 2026):

Treasury Operations: ₹1,03,85,120 lakh
Corporate Banking Operations: ₹1,52,07,523 lakh
Retail Banking Operations: ₹1,44,50,612 lakh
Digital Banking: ₹2,114 lakh
Other Retail Banking: ₹1,44,48,498 lakh
Other Banking Operations: Not separately stated for liabilities; Total matches assets.

Capital Employed:

Treasury Operations: ₹4,80,389 lakh
Corporate Banking Operations: ₹14,98,521 lakh
Retail Banking Operations: ₹14,23,937 lakh
Other Banking Operations: Not separately stated; Total: ₹34,02,847 lakh

Geographical Segments [₹ in Lakh]:

Domestic:

Revenue: ₹8,18,307 lakh
Assets: ₹3,76,89,344 lakh

International:

Revenue: ₹49,917 lakh
Assets: ₹23,53,911 lakh

Global Total:

Revenue: ₹8,68,224 lakh
Assets: ₹4,00,43,255 lakh

Statement of Assets and Liabilities [₹ in Lakh]:

As on 30 June 2026:

Capital & Liabilities:

Capital: ₹12,53,956
Reserves & Surplus: ₹21,48,891
Deposits: ₹3,32,31,524
Borrowings: ₹24,86,773
Other Liabilities & Provisions: ₹9,22,112
Total: ₹4,00,43,255

Assets:

Cash and Balance with RBI: ₹9,59,452
Balance with Banks and Money at Call: ₹12,20,950
Investments: ₹97,48,581
Advances: ₹2,67,77,629
Fixed Assets: ₹4,13,717
Other Assets: ₹9,22,926
Total: ₹4,00,43,255

Corporate Actions:

Dividend: Not Specified

Share Split/Bonus/Buyback: Not Specified

Capital Raising: Not Specified

Other Significant Information:

Entities in Consolidation: Not Specified (Standalone results presented)

Exceptional Items: None

Change in Accounting Policy: None reported affecting comparability.

Forward-looking Guidance: Not Specified

Attachments Filed:

Security Coverage Certificate as on 30th June 2026 for unsecured listed debt securities [Reg 54 SEBI LODR]
Statement of utilization and deviation/variation in utilisation of issue proceeds [Reg 32(1) and Reg 52(7)/(7A) SEBI LODR] (No funds raised in the quarter)
Declaration of Unmodified Opinion