UCO Bank Q1 Net Profit Rises 8% YoY
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
22nd Jul 2026
Business Growth Performance
- Total Business stood at ₹6,05,083 crore as of 30.06.2026, registering 15.53% year-on-year (YoY) growth
- Gross Advances grew by 21.18% YoY to ₹2,72,768 crore
- Total Deposits grew by 11.28% YoY to ₹3,32,315 crore
- Credit to Deposit Ratio stood at 82.08% as of 30.06.2026, compared to 75.38% as of 30.06.2025
CASA Performance
- Total CASA stood at ₹1,16,136 crore as of 30.06.2026, registering 12.34% YoY growth
- Savings Deposit stood at ₹1,00,870 crore with 11.78% YoY growth
- Current Deposit stood at ₹15,266 crore with 16.23% YoY growth
- CASA Ratio stood at 36.94%
RAM Segment Advances
- Retail, Agriculture & MSME (RAM) segment increased by 25.27% YoY to ₹1,57,745 crore
- Retail advances grew 27.32% YoY to ₹71,549 crore, backed by:
- Home loan portfolio growth of 19.98% YoY
- Vehicle loan portfolio growth of 65.45% YoY
- Agriculture advances grew 30.01% YoY to ₹38,952 crore
- MSME advances grew 18.79% YoY to ₹47,244 crore
Profitability Metrics (Quarter Ended 30.06.2026)
- Net Profit stood at ₹656 crore compared to ₹607 crore in Q1 FY2026, registering 8.05% YoY growth
- Operating Profit showed impressive growth of 79.84% YoY to ₹2,810 crore
- Net Interest Income (NII) grew by 16.86% YoY to ₹2,808 crore from ₹2,403 crore
- Net Interest Margin (NIM):
- Global NIM improved by 9 bps YoY to 3.05%
- Domestic NIM improved by 6 bps YoY to 3.24%
- Cost of fund improved by 37 bps YoY to 4.36%
- Yield on Advances (Domestic) stood at 8.14%
- Cost to Income ratio stood at 37.49%
- Return on Asset (ROA) stood at 0.68%
- Fee based Income grew by 35.12% YoY to ₹505 crore from ₹374 crore
Asset Quality Indicators
- Gross NPA reduced by 55 bps YoY to 2.08% as of 30.06.2026
- Net NPA reduced by 20 bps YoY to 0.25% as of 30.06.2026
- Provision Coverage Ratio stood at 97.85%
- Tangible PCR stood at 88.08%
- Slippage Ratio for the quarter stood at 0.63% (Annualized)
Capital Adequacy
- Capital Adequacy Ratio (CRAR) stood at 19.03% as of 30.06.2026
- Tier I Capital Ratio stood at 17.44%
Operational Efficiency Metrics
- Business per employee improved to ₹28.47 crore from ₹24.64 crore YoY
- Business per branch improved to ₹176.77 crore from ₹158.37 crore YoY
Branch Network
- Total number of branches: 3,421 Domestic branches
- 2 overseas branches: Hong Kong and Singapore
- 1 Representative Office in Iran
- 61% of Domestic Branches are spread in Rural & Semi-Urban regions
Additional Information
- The results are unaudited but reviewed
- The press release was submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Signed by Vikash Gupta, Company Secretary of UCO Bank