X

UCO Bank Q2FY24; 20% fall 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 Q2FY24 of ₹5,219.00 Crores up from ₹4,185.00 Crore year on year, a rise of 24.71%.

Total Expenses for Q2FY24 of ₹5,226.00 Crores up from ₹4,181.00 Crores year on year, a rise of 24.99%.

Consolidated Net Profit of ₹402.00 Crores down 20.4% from ₹505.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.34, down 19.05% from ₹0.42 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.

Related Post