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UCO Bank Q1FY24; 80% rise in Profits

UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations.

Financial Results:

UCO Bank reported Revenues for Q1FY24 of ₹5,224.00 Crores up from ₹3,851.00 Crore year on year, a rise of 35.65%.

Total Expenses for Q1FY24 of ₹5,510.00 Crores up from ₹3,604.00 Crores year on year, a rise of 52.89%.

Consolidated Net Profit of ₹223.00 Crores up 79.84% from ₹124.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.19, up 90.00% from ₹0.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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