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UCO Bank standalone net profit rises 376.94% in the March 2021 quarter

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Capital Market

Total Operating Income decline 4.71% to Rs 3566.31 crore

Net profit of UCO Bank rose 376.94% to Rs 80.03 crore in the quarter ended March 2021 as against Rs 16.78 crore during the previous quarter ended March 2020. Total Operating Income declined 4.71% to Rs 3566.31 crore in the quarter ended March 2021 as against Rs 3742.43 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 167.04 crore in the year ended March 2021 as against net loss of Rs 2436.83 crore during the previous year ended March 2020. Total Operating Income declined 4.55% to Rs 14446.16 crore in the year ended March 2021 as against Rs 15134.34 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income3566.313742.43 -5 14446.1615134.34 -5 OPM %14.9446.56 -35.7922.85 - PBDT-250.6123.35 PL -75.48-3712.54 98 PBT-250.6123.35 PL -75.48-3712.54 98 NP80.0316.78 377 167.04-2436.83 LP

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First Published: May 27 2021 | 4:15 PM IST

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