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UCO Bank reports standalone net loss of Rs 2134.36 crore in the March 2018 quarter

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Capital Market

Total Operating Income decline 7.10% to Rs 3357.78 crore

Net Loss of UCO Bank reported to Rs 2134.36 crore in the quarter ended March 2018 as against net loss of Rs 588.19 crore during the previous quarter ended March 2017. Total Operating Income declined 7.10% to Rs 3357.78 crore in the quarter ended March 2018 as against Rs 3614.24 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 4436.37 crore in the year ended March 2018 as against net loss of Rs 1850.67 crore during the previous year ended March 2017. Total Operating Income declined 14.12% to Rs 14020.13 crore in the year ended March 2018 as against Rs 16325.80 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income3357.783614.24 -7 14020.1316325.80 -14 OPM %10.6258.94 -38.1452.40 - PBDT-2126.59-582.08 -265 -4426.95-1839.83 -141 PBT-2126.59-582.08 -265 -4426.95-1839.83 -141 NP-2134.36-588.19 -263 -4436.37-1850.67 -140

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First Published: May 12 2018 | 3:22 PM IST

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