Uco Bank (NSE: UCOBANK) Q4 2026 Earnings Call dated Apr. 27, 2026
Corporate Participants:
Ashwani Kumar — Managing Director and Chief Executive Officer
Analysts:
Ashok Ajmera — Analyst
Sushil Choksey — Analyst
Hriday Choksey — Analyst
Presentation:
Operator
Good afternoon everyone and welcome to the Yuko Bank Q4FY26 earnings conference call. Today. From the management side we have with us Mr. Aswini Kumar, MD, CEO sir, Mr. Rajendra Kumar Sabu, ED and Mr. Vijay N. Kamley, Executive Director. With this I hand over the call to MD sir for his opening remarks post which we will have a Q and A session. Thank you. And over to you, sir.
Ashwani Kumar — Managing Director and Chief Executive Officer
Thank you. A very warm welcome to all the analysts and investors to this post. Results Conference call for the financial year 2025 26. Am I audible?
Operator
Yes sir, you are audible. Please go ahead.
Ashwani Kumar — Managing Director and Chief Executive Officer
Thank you. So I have with me our executive directors Mr. Sabu and Mr. Kamlay and also our CRO CFO. All other top management team is with me. So thank you for joining the conference call once again. I’ll just give you the brief about the overall performance of the bank. For the last quarter and the full financial year. Our business grew by 14.95% on a YoY basis. And the gross Advances grew by 19.44% on yoy basis. And deposit grew by 11.59% basis. Within deposit, our CASA growth was around 12.46% which saving grew 11.878%.
And current account registered a growth of 16.77%. Our CASA ratio was maintained above 38. Our guidance was 37 to 38. CASA was 38.65 improved by 75 bips over last year. And within the advances our RAM Segment grew by 24% plus. And in the RAM segment retail advances grew by 26% plus. Agriculture advances grew by 26% and MSME advances grew by 19%. Within the retail housing loan grew by around 19% and car loan growth was around 70, 71%. Coming to asset quality, our asset quality gross NPA improved to 2.17%.
That is a 52bps reduction over last year. Net NPA was brought down to 0.27%. There is 23bps reduction over last year. PCR improved to 98.97.79%. One hundred and ten bips improvement over last year. Excluding TW O, PCR improved to 87.66%. Five hundred and seventy one bips over last year. And coming to profitability, our operating profit for the full year was 6429 crore. That is a growth of 6.49% and full year profit was 27.68crore with a growth of 13.21% on a yoy basis. Net profit for the quarter ended was 801 crore with a growth of 22% on a YUI basis.
Now coming to the guidance versus actual achievement. Our deposit growth guidance was 10 to 12%. Achievement is 11.59%. Credit growth guidance was 12 to 14% and our actual achievement is 19.44%. CASA percentage was 37 to 38%. Actually 38.65% ramp percentage. We targeted 61 to 63%. Actually 65% CD ratio of a target was 75 to 77%. We have achieved CVD ratio of 80.21%. Credit cost guidance was less than 1%. It is 0.62%. Name global we have given a guidance of 2.8 to 2.9%. Actual name is 3.03% for the global and for domestic it is 3.23%.
Gross NPA guidance was less than 2.5%. Actual NPA is 2.17%. Net NPA guidance was less than 0.35%. Actually 0.27% slippage ratio guidance was 1 to 1.25%. Actualist net slippage ratio is 0.78%. Total recovery and upgradation guidance was 2200 to 2700 crore. Actually is 2944 crore. Now the coming to the guidance for the current year deposit we have kept the guidance in the same range 10 to 12% credit 12 to 14% CASA again 37 to 38%. RAM we have improved our guidance to 62 to 65% CD ratio 80 to 82%. Credit cost less than 0.75%.
NIM Global in the range of 2.8 to 2.9. Gross NPL less than 2%. Net NPA less than 0.2%. Slippage ratio less than 1% and recovery and upgradation in the range of 2000 to 2500 crore. Now coming to the other parameters. Our cost to income ratio which was which has improved by 581 bips over last year. It is now 52.66%. Our P based income grew by 32% on a yoy basis to 516 crore against 389 crore. Our capital adequacy ratio that has improved to 18.18.61% with Tire 1 capital of 16.59%. Board has approved declaration of dividend at the rate of 4.40%.
That is 44 paisa per equity share subject to approval of the shareholders. In the ensuing Annual journal meeting which works out to be dividend payout of 20% approximately business per imply of the bank has improved to 28 crore as against 24 crore a year back. And business per branch has also improved to 173 crore as against 155 crore a year back. Provisional coverage ratio also improved to 98%. We have total number of 3,412 branches and two overseas branches in Hong Kong and Singapore and one representative office in Iran.
So one hundred and ten branches have been opened in the last financial year. 61% of the domestic branches are spread in rural and semi urban areas. Now let me talk about the initiatives which we had earlier talked and where we do stand and what are the further initiatives which we are planning. The initiatives. Which we earlier last year spoke which have been completed is the CBDC that is now available in both iOS phones. Performance management solution has also been completed. Learning and development center of excellence has been completed.
Project Parvatan we initiated last year and that project where we are focusing on the digital transformation and digital business has come a long way. Till now 31 journeys have been completed and our total digital business across asset and liability has crossed 25,000 crore in last year. Mobile banking users have also increased five times from 82 lakh to 153 lakh in three years. Whereas the activation active mobile users have increased from 14 lakh to 70 lakhs in three years. So the active mobile users registered mobile user percentage was 17% three years back.
Now it has improved to 46%. We started tab banking across the branches. So all the branches have been given Tab. In this last financial year more than 10 lakh accounts have been opened through Tab banking. Percentage of accounts open through Tab banking without excluding BSBD and PMJDV account is 66%. Accounts are open through the tab banking. We launched WhatsApp banking also so now more than 20 lakh customers are onboarded on the WhatsApp banking channel and 49 services in 14 languages are available in our WhatsApp banking.
Many new features have been launched in our call center and in our mobile app. In the last financial year. New treasury solution Murex solution has also been implemented. Implementation has been completed. Data center consolidation we started last year that has also been done in Kolkata. We have started MULE account monitoring through Hugo Yuko Vigil plus under transaction monitoring vertical Our API gateway has been has started now Automation of ALM TPM has also been completed. PLOT application performance monitoring system has also been implemented.
Feedback mechanism system to watch and Improve customer service was implemented and that has also started working. Now we are getting real time feedback from our customer through SMS, through QR code and through website. And our what WhatsApp banking channel we have already integrated with MU Hunter and IPC and another initiatives which are planned now for this current financial is One is Omani channel. Second is cash management services. Third is supply chain finance, Robotic process automation, Digital marketing solution, Forex card and prepaid card solution.
Document management system that is already in going on now. It will be completed this year. E not facility to move to remove the paper from the system identity Assess management for cyber security Centralized log management system. Now we have planned to convert our call center which we implemented two years back to call center as a profit center. That project Parivartan Phase 2 has been launched. Centralized monitoring and system has been implemented for the credit loan sanctioned through ED ED cam portal transaction.
Sorry. Transformation management vertical has been set up with a widened scope and it will be headed by a GM level. Now in WhatsApp banking additional services will be implemented. Cyber security vault near Dr. At Kolkata are another pipeline. CASA back office and centralized Forex processing center is another project which we are aiming now. So all these are getting implemented now in this year planning year. This year with regard to IT budget last year we have kept a budget of around 1100 crore.
Around 900 crore has been spent. And this year also more than 1000 cr budget has been approved by the board. For the current financial year the spend for the last three years is around. In 2324 it was 576 crore. In 2425 it was 642 crore. And 2526 it is 899 crore. So every year we are increasing the spend also to bring more and more advanced technologies into the system. So this is all about the overall performance of the bank. And now we are open for the question answer session.
Questions and Answers:
Operator
Thank you. Thank you sir. We’ll start the Q A. Those who have any question please raise your hand. We have first question from the line of Ashokaj Mehra. Please go ahead. Mr. Ajmera, please go ahead. Your line have been unmuted.
Ashok Ajmera
Can you hear me sir?
Ashwani Kumar
Yes. Yes please. Yes please
Ashok Ajmera
Sir. Compliment to you and the entire team sir. For fantastic results. In fact yo surpassed on almost every parameter. And the the kind of growth which you have given especially in the credit growth is phenomenal 19.44%. And even in this quarter itself it is almost about I think 8%. The credit growth overall business growth is also good. Deposit growth is Also good and everything is beyond the targets. You have achieved those results. But sir, what I see basically is that if I look at the guidance given for 2627, sir, it seems that either some geopolitical situation is there in your mind or the impact of this West Asia war maybe going forward you are anticipating that you may not have the kind of the growth which otherwise you could have achieved.
So my first point, first question is on that only sir, that I want to hear your views on this current situation and going forward how the bank is taking it. Like in the first quarter, will there be a some major impact you are expecting Though if I look at the SMA numbers, in fact your SMA 2 of the high of the last quarter is some part of it is shifted to SMA1. So there’s a better, better thing to happen. But the SMA one has gone up from 260 to 651 crores. Overall SMA numbers are under control. So have you already started seeing some kind of stress?
Especially small businesses and MSME who do not have the deeper pockets due to this West Asia war and the other geopolitical situation or how do you. How do you plan to deal with it, Sir,
Ashwani Kumar
So thank you. First let me talk about guidance which you have apprehended that because of this West Asia crisis probably we have toned down the guidance. Let me make it very clear that if you look at our guidance for the last three years our guidance is in this range only. And our achievement has always been surpassing the guidance. So last year also our guidance was 12 to 14% of credit growth. This year also 12 to 14%. And next year also we are planning 12 to 14% guidance we have given. If you look at our achievement for the last three financial years for 20, 23, 24 our credit growth was around 16%.
24, 25 our credit growth was around 17.72%. And this year our credit growth is 19.44%. So the guidance was 12 to 14 all three years. But achievement was much more than the guidance. So similarly guidance continues to be in the same range looking at all scenarios. But I am sure the way we have rebuilt the organization we will be surpassing the guidance with a good number in this financial year also not only in credit but in other parameters also. Because if you look at our name also if you look at our credit cost also our slippage control also which used to be 1.7%, 1.75% three years back, now it has come down to less than.
Less than a percent and now we have to down our guidance from 1.1 to 1.25% previous year to 1% less than 1% this year. Accordingly net NPA gross NPA guidance has been thrown down. So. So there is no such thing that because of this temporary crisis we have shifted our guidance downwards. Number one. Number two coming to the any impact of the current situation please I would like to ask request you to look at our SMA numbers also. Consistently our SMA numbers are under control and you are. You know that every quarter we declare our SMA numbers more than 1 crore.
Generally there is a tendency of declaring more than 5 crore. But we declare more than 1 crore more than 1 crore. SMA numbers including 012 put together is 0.45% of standard advantage. So whereas SMA2 is less and SMA1 is higher. I. I just wanted to request you to. Because this is this financial year, February month impact is there every. Every financial year February month is. So SMA 2 is 60 days. But here in February 58, 28 days and January 31 days so 15. So certain accounts which could have been in SMA 2 are figuring in SMA 1.
So it’s not that SMA 1 has jumped like that from somewhere else. But overall SMA remains the same. Only bucket shifting is there. So maybe next month we’ll have slightly higher SMA too and lower SMA work. So that transition will continue this financial year. Because of 28-2-28 days that SMA2 number is slightly low. SMA1 is high because of 59 days impact. So this is about whatever you have asked.
Ashok Ajmera
Sir. One phenomena which we are seeing in some of the other banks is that whenever there is a good profit or you know the condition is better, the results are better. They have started providing some amount on the standard asset only extra more than the ir. So in our bank here I don’t. I think the provision has rather has gone down. So are you not anticipating any kind of those unexpected kind or that ECL or other impact or even in case of the wage also I see that the. The wages, I mean the salary is gone down.
I mean employee cost has gone down to 182 crore as compared to 278 crore in the last quarter. So whether the revised, that labor code or anything is not impacting you. How are you dealing with those unexpected or unforeseen circumstances without creating some kind of a buffer or do you have any buffer already?
Ashwani Kumar
See last year quarter I. I think we have declared that buffer of 700 and 720 crore ECL provision last quarter and this quarter we have made a provision of 1001038 crore. So ECL provision held as on this quarter is 1038 crore plus 341 crore contingency provision is also made. So if we take one both them together it’s more than 1400 crore is already available towards ECL. Along with that during COVID times we made 530 crore of provision for COVID 19 provision. So that is also available. So all three put together today we are holding my around 1900 crore of additional provision as a buffer towards our ECL framework which may trigger that time when we are to shift to that.
So 1900 cr of buffer is there. Now coming to the wage part. See last year we made a additional provision of 260cr towards our PLI the previous financial year. And whereas actual payment is around 100 odd crore only this year. So we are still carrying 160 odd cr of provision for the next financial year. So last year we made additional provision which we did which we are not required to made this year. So on that account that our wage or the imply cost is slightly down because previous year 250 crore of additional provision was made because on PLI factor which was being talked about for an asked PLI to scale 4 and above employees which could not be paid this year because of certain reasons.
Now maybe next year it will be paid. So we have not reversed that provision. We have continued the remaining provision on 160 odd crore in this financial year.
Ashok Ajmera
Sir this. You already got the board approval for the qip. But what are the. What are the plans in the immediate future with this present share price. I mean the market somehow it’s not. May. May not be understanding the. I mean the kind of the result which you have declared or the kind of the strength which you have even that provision numbers also I wanted to hear from your mouth only that such a like when you have a question of 1900 crore. So at this price would you like to come out within this quarter with any you have?
Do you have any plan for that?
Ashwani Kumar
So this quarter we don’t have any plans. We’ll be going to the AGM for the approval. First we’ll get the approval of the shareholders and thereafter we will at the right opportune time when the market also supports that time we will go for the few IP that will thank you. Not in the immediate this quarter
Ashok Ajmera
Just last in this round. Sir is on the credit front only because as you narrated for the last three years it has been you know 15, 17 and a half percent and now 19 and a half to 20% going forward. I believe that in spite, even though the targets are very modest, you will be crossing that. So can I just know about the our sanctioned pipeline or what kind of industry or businesses which we are from where we are getting the business as far as the credit is concerned. I can understand the overall ratio of the RAIM and corporate but within that where do you see the scope for increasing further and maintaining this kind of momentum, this kind of a growth in the.
I mean the credit growth going forward? Sir,
Ashwani Kumar
See we have around 14,000 crore of pipeline in the corporate segment currently and we have certain sanctions also already in place. But because of the pricing issue we are not able to disperse. We don’t want credit growth in corporate segment at the cost of margins. So that is the reason we are not growing corporate credit at a below our expected price. So that is one. And the growth which is coming from or demand is coming from renewables also data center also your smart military metering also.
So there are a number of areas where the from where the growth is coming to us and even the even road projects also have started coming little bit. So number of areas are there from the growth is coming and there are many sunshine sunshine sectors where. But pricing is the biggest challenge where we would not like to compromise before entering into a deal.
Ashok Ajmera
Okay sir, thank you and all the best to you. And if time permits I will again come for further discussion. Sir. Okay, all the best
Operator
Participant please raise your hand for the question. Next question is from the line of Sumil Choksi. Please go ahead.
Sushil Choksey
Yeah. Hi sir. Am I audible?
Ashwani Kumar
Yes, yes please please go ahead.
Sushil Choksey
Yeah. Yeah. Firstly sir, congratulations to you and entire team. You go on a very good set of numbers. Sir, I have a few questions so I’ll just go about them. So firstly we’ve seen a good healthy deposit growth on Q. On Q basis around 6%. So how do you view the same growth sir going forward because of the. If there’s a slight rebound even in capital markets do you see this sticky deposit growth staying intact? So secondly what we’ve noticed is from particularly last quarter to this quarter our lending split.
So I think we’ve cut quite a few larger checks to more AAA rated corporates. I think particularly on the PSU side so incrementally. Sir, how has the yield been on that book and would you view that if we were to lend more in the AA bracket would our yield be slightly better? Is that how we are looking at maintaining a very competitive yield while hedging risk or how is our view on that? I’ll ask these two sir first, then I’ll go forward with the rest of the questions.
Ashwani Kumar
Thank you Sumit. First let me talk about your deposit. See earlier we were not focusing on deposit because our CD ratio was quite low. So now we have reached a CDC ratio of around 80%. Our target was 74 to 77% and that is the reason we focused more on the deposits also and while focusing on the deposit we have not, we have not stopped chasing casa. If you look at our CASA in spite of our deposit growth of 6% in this current quarter, last quarter our CASA ratio continued to be in the end of 38, 37 to 38 rather it has improved by 74 weeks on a yoy basis.
So our focus while raising deposit is on the retail franchise more than the bulk deposit and going forward also when we have to support the growth. So deposit concentration will continue to have focus on the retail term deposit and saving and current to some extent in the our bulk deposit also Overall we have a target of bulk deposit to total deposit percentage. So we always continue to monitor and maintain our bulk deposit within that ratio only. So that is on a deposit front as far as AAA rated is concerned.
If you look at our balance sheet though this quarter we have increased exposure in the AAA rated and PSU and same trend was there in the last year also in between there was demand from the PSUs was at a lower price. So that time we were not comfortable in lending to them. So slightly improved pricing was there so we gave them the credit. So last year also March 25th around 33% was in AAA rated. Now also it is 33% only so double A is 29 and now it is 26. So never whenever there is a better opportunity we will be continuing to lend to AA and A rated accounts also in addition to triple A rated account.
Sushil Choksey
Yeah yeah. So thank you. So now you know if we see in our digital side we’ve got seen some very good traction particularly in M banking. You touched upon it even in your opening comments sir. And you know I think it’s very heartening to see so so on this front any new digital initiatives we are working on particularly you know for younger customers who tend to be you know high volume transactors on UPI and you know possibly are new to credit as well. Sir. And secondly one more question was in retail loans which products are covered under the others category?
I mean it’s a 25% of your overall retail loans. It’s seen a 40% year on your growth. So looking at that, can you just elaborate on this and how is the demand of vehicle loans in the current quarter? Because that again that book has also seen good traction.
Ashwani Kumar
See so far as the one is about digital. You talked about digital I see. We have revamped our entire digital journey. And last year we on the 6th of January 2025 we launched our digital project. That is digital transformation project. And since then we have been launching journeys for the our customers. Till now 31 journeys, 31 journeys have already been launched across retail, MSME agree and liability products. So total 25000 crore of digital business has been booked of which 11,000 crore is advances and 14,000 crores liabilities.
For the ease of young customers. I can tell you that digital FDR currently happening in our bank is more than 50% FD is being made digitally by our customer through mobile banking app more than 50% loan guest FD is also happening digitally by our customers. Then our STP journey of our car loan that has been well accepted. And more than 50% car loans daily are happening through digital journey MSME journeys we have launched DST Smart Finance. MSME Smart Finance that is also a very well accepted and good amount of business is happening in the MSME segment also through the digital journeys.
For the ease of our young customers we have revamped our entire UI UX of our mobile app. And you can see that our mobile app rating continues to be in the range of 4.7 to 4.8amongst all public and peer private sector banks. It is one of the best ratings I will read. And on Apple Store also it is 4.6. So that clearly clearly tells that our app is well accepted in the market. Further to enhance our reach to our new generation customers now we are bringing Omni channel experience also. So maybe this year our Omni channel mobile banking will be available where they will.
It will be more interactive, more convenient for our customers. Second is now your digital you have talked about. Sorry Retail. In retail the other portfolio is includes our co lending. A small portion is that and that’s not a huge mainly is gold and staff loans. So gold loan portfolio out of that is around 5,400 crore. And the growth which we are seeing seeing in the other portfolio is mainly coming from the gold loan port.
Sushil Choksey
Okay, understood. So one final question. So
Ashwani Kumar
One more
Sushil Choksey
Than
Ashwani Kumar
More than 250,000 customers have been given loan digitally last financial year more than 250,000 customs they have been sanctioned loan digitally last financial year.
Sushil Choksey
No sir of course that’s great to see because it’s reflecting in your M banking numbers which I think you’ll have put a good slide in the presentation as well. Sir one final question from my side so you know to which external benchmark rate would we have linked our loans? Could you just shed some light on that?
Ashwani Kumar
Mainly is repo linked rate around more than I think 60, 65. 65 of our portfolio is linked to repo because if you look at our retail and MSME that itself is a huge portfolio so Ram is 65% so retail and MSME itself is a good around 1 lakh. 1 lakh more than I think 66, 68,000 is our retail and 46,000 is our MSME. So to both put together is under 1 lakh 16,000 crore. So more than 50 portfolio is in that segment itself so 65% because in some of the corporates also they will short term loans link to repo rate corporate in the corporate book though they’re they are sanctioned at MCLR but they short term when they have to take WCDL they take rapple interview.
Sushil Choksey
Understood sir thank you so much for answering my questions and best wishes to team Yuko for the next fiscal.
Ashwani Kumar
Thank you.
Operator
Thank you. We’ll take the next question from the line of. Please go ahead.
Hriday Choksey
Congratulations to team Yuko Ashwini sir, Sabu sir, Kamila on a great set of numbers sir again I think our performance has been just been growing year on year and kudos to the whole team. So a couple of questions so on our cost to income ratio so we’ve shown a good decline this year down from 56.99 to about 5,292. So we’ve seen a significant drop for a second year running. So can you just speak about your initiatives on that front and just one specific thing then the last quarter we’ve seen a 45 bip increase also so you can specifically speak on the cost to income bit first.
Ashwani Kumar
So on cost to income front we have taken a lot of initiatives right from I think last two, three years we are working very closely monitoring our cost to income ratio. There are two components. One is to control the cost controllable cost, non controllable you can’t control but controllable cost how can you control and also how can you improve your fee based income? If you look at our fee based income has been growing on a quarter on quarter basis and yui basis also for fee based income over growth during this financial year is around I think 32%.
Let me just
Hriday Choksey
Go on on
Ashwani Kumar
A quarter basis and on a y o y basis it is 25%. So one is we are working on fee based income and second our control on the cost. Also we have been very particular about the budget given to the field. Our teams monitor the expenditure against the budget. Various control cost control measures have also been implemented. And if you look at our total operating expenses has also come down from the previous quarter to this quarter. So the these are the things which we are continuously monitoring. And second thing if you look at our previous year our cost income ratio was high at that time.
Also our recovery from the return of accounts was very high. So that was around 2400 or 2500 crores. This year it is around 2013 hundred crores. In spite of that we are able to reduce our cost of income cost to income ratio. So every effort is being made to improve on income fee based income and also to reduce our controllable cost and that these measures will continue in this financial year also.
Operator
Is there any follow up question?
Hriday Choksey
No question. So thank you for that. So now if I look at a segmental NPA book within personal loan. So if you see there’s been a slight uptick in this quarter. Any specific reason?
Ashwani Kumar
See I think there is a very very small uptick. Is there? It’s not substantial. Against 2700 crore of book our NPA is only 39 crore. Yes last quarter it was 31 crore but this is 39 crore. Maybe because of some reasons it will be there but there is no specific reason. It is hardly 1.43% in personal loan book. That’s not a worried for us
Hriday Choksey
Sir. Now a broader last question which is so on the future vision like your broader vision for the bank for the next few years. So how we’ve we’ve significantly improved our roas and our performance last few years and now we’re ending the year somewhere around 0.8%. So what. What are the steps we are undertaking to build towards a 1% ROE franchise?
Ashwani Kumar
The to build on ROA we need to improve our net interest margin. We need to focus on the continue to focus on our CASA growth also and our NI improvement also. So there are number of parameters where we are working. We need to work on our TW recovery also. So a lot of initiatives are being taken. 0.87 we have reached and I if you look at for last so many quarters every quarter there is an improvement in our roa. So the same trend is expected to continue in the next financial year and I believe that by end of next financial year we should be nearing 2.95 to 1% ROE levels.
Hriday Choksey
Thank you. We there is a question in the chat box. How do you see the impact of the ongoing West Asia war in your MSME portfolio and what percentage of your MSME portfolio covered under CGT SME?
Ashwani Kumar
See in the current scenario we have not yet seen any major impact. Currently if you look at our slippages they are in tandem with the previous quarter from the MSME segment there is no sharp surge in slippages number one. Number two if you look at our SMA book also within the overall SMA book, the SME SMA book that is also in the same trend as the earlier quarters. So I don’t feel foresee any major impact. There can be some, some impact but it’s not going to be a very major impact in the next financial year.
But to counter those contingencies in case if at all we have built already 341 crore of additional buffer which by way of a provision in our standard book. So that will take care of all the requirement going Forward and around 40% of our advances are covered under CGT MSC.
Hriday Choksey
Thank you sir. The next question is that what Is your total AFS reserves as on FY 26-03-2026
Ashwani Kumar
AFS results? Give me a second. It’s. It’s minus 140 crore. It’s minus 140. Negative 140.
Operator
Okay, thank you sir. The next follow up question is from the line of Asok Ajmida. Please go ahead.
Ashok Ajmera
Hi. Thanks for giving the opportunity again sir. I would like to have the some, some some of your views or clarity on the treasury operations because the treasury has not contributed you know this time into the profits or rather it’s negative only. But if you look at the segment wise profit results the treasury operations are showing 848 crore of profit as compared to 557 crores. So in segment wise is there any like some part of the this other than the treasury things have gone into that or and how do we see the treasury performing in the now coming financial year in this current quarter and the remaining three quarters.
Ashwani Kumar
See if you talk about treasury you know all you know that treasury is a play of your yields. So last quarter yields pumped up and it was more than 7% for a long period of time. At the quarter end also as a result there was MTN AFS book also and HFT book also and that has impacted little bit not only to our bank but to other banks also. But fortunately our bank we had very slight impact on our P and L because our Treasury I think had a profit of around 130 odd cr last quarter. But this quarter it was a -1216 -16 cr only.
Yes.
Ashok Ajmera
So for AFS
Ashwani Kumar
Book 135cr of the negative impact was MTM was there and now by the way the treasure the yields have now moved down. So it’s ranging in the range of I think 6.95 to 6.98. So already some of the provisions or the losses which were booked in March they have already been reversed. If we take MTM today and going forward I think the way the liquidity market is behaving the way the things are shaping out once the I think stability in the overall global environment is achieved I think there will be good a good amount of treasury traction in this financial year.
Again it is subject to the global stability in the environment.
Ashok Ajmera
Sir, any clarification on this segment wise
Ashwani Kumar
Figures
Ashok Ajmera
Number? Sir,
Ashwani Kumar
I. I’ll give you. I’ll give you separately. Okay sir. No, no,
Ashok Ajmera
No problem. So I’ll take it offline sir. Okay sir. Thank you very much sir. Thank you.
Ashwani Kumar
Thank you sir.
Operator
Thank you. There is a question in the chat box. What is your total gold loan portfolio as on date? Agree and none. And what is the weighted average leads for this?
Ashwani Kumar
The gold loan portfolio in the retail segment is around 5,400 and in agree it is around 12,000 12,200. So put together I think 18,000 crore is our total gold loan portfolio as on date and yield will be around. I think it should be around 8 and a half to 9%. I’m not having exact number but it should be around 8 and a half to 9%.
Operator
Okay, thank you sir. Participants, those who have any question please raise your hand. As there is no further question I hand over the call to MD sir for his opening remark or closing remarks.
Ashwani Kumar
Thank you. Thank you to all the analysts and investors for taking out time attending the conference call earnings call of our Yuko bank for the financial year 2526. And we look forward for your continued support in the next financial year. And whatever guidance we have given it will be our team’s endeavor to deliver on the same as we have been delivering for the last three years. Thank you very much.
Operator
Thank you. That concludes the Yuko Bank Q4FY26 earnings conference call. Thank you.