State-owned UCO Bank today posted a 22.54 per cent growth in net profit to Rs 301.24 crore in the third quarter ended December 31, 2010.
In the year-ago period, the banking entity had a net profit of Rs 245.82 crore, UCO Bank said in a filing to the Bombay Stock Exchange.
The banks' total income increased to Rs 3,108.39 crore in the October-December quarter of 2010 from Rs 2,608.760 crore in the year-ago period.
Shares of the company were trading at Rs 105.50 on the BSE, down 2.63 per cent from its previous close.