| UCO Bank has posted a 68.31 per cent decline in net profit to Rs 45.01 crore for quarter ended June 30, 2005, against Rs 142 crore posted in quarter ended June 30, 2004. |
| For the quarter, the bank posted on operating profit of Rs 158.73 crore against . 212 crore as of June 2004 primarily on account of reduced profit on sale of investments. |
| Similarly, the decline in net profit was owing to higher depreciation provided on transfer of Securities from the available-for-sale category to held-till-maturity category. |
| Zenith net up 129% |
| Zenith Infotech Ltd has reported a net profit of Rs 91.23 lakh for the quarter ended June 30, 2005, a 128.53 per cent growth over the Rs 0.39 crore reported for the corresponding quarter the previous fiscal. |
| The company's total income for the quarter under review grew to Rs 6.06 crore, a growth of 18.72 per cent compared to Rs 5.11 crore posted for the previous corresponding period. |
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