UCO Bank net profit declines 80.40% in the March 2013 quarter

Sales rise 6.19% to Rs 4210.09 crore

Net profit of UCO Bank declined 80.40% to Rs 49.55 crore in the quarter ended March 2013 as against Rs 252.84 crore during the previous quarter ended March 2012. Total Operating Income rose 6.19% to Rs 4210.09 crore in the quarter ended March 2013 as against Rs 3964.64 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 44.24% to Rs 618.19 crore in the year ended March 2013 as against Rs 1108.67 crore during the previous year ended March 2012. Total Operating Income rose 14.48% to Rs 16751.71 crore in the year ended March 2013 as against Rs 14632.37 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales4210.093964.64 6 16751.7114632.37 14 OPM %61.7874.01 -17 70.8374.59 -5 PBDT55.66272.03 -80 646.771150.26 -44 PBT55.66272.03 -80 646.771150.26 -44 NP49.55252.84 -80 618.191108.67 -44

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