UCO Bank posts 7 per cent growth in net interest income; gross and net NPAs see marginal improvement in the June quarter

UCO Bank on Monday reported its financial results for the quarter ended 30 June 2025, posting a 10 per cent year-on-year rise in net profit to Rs 607 crore, up from Rs 551 crore in the same quarter last year.

The net interest income (NII)  the difference between interest earned and interest paid, also experienced a healthy growth of 6.6 per cent YoY, rising to Rs 2403 crore, compared to Rs 2254 crore in Q1 FY25.

Asset quality increased during the quarter. The bank’ gross non-performing assets (GNPA) dropped significantly to 2.63 per cent, down from 2.69 per cent in the previous quarter ending March 2025. Meanwhile, net NPA also dropped to 0.45 per cent, compared to 0.50 per cent in the March quarter.

UCO Bank also reported a reduction in its provisions, which fell to Rs 616 crore from Rs 663 crore in the preceding quarter. The drop in provisioning expenses implies greater asset performance and a lower requirement for risk buffers

The results indicate UCO Bank’ sustained performance in the first quarter of FY26, as the bank continues to develop its fundamentals and protect asset quality under a challenging economic context.