Kolkata, October 18 (MExN): Public sector lender UCO Bank reported a net profit of Rs 620 crore for the second quarter ended September 2025.
The bank had posted a net profit of Rs 603 crore in the same period a year ago, the bank said in a statement.
The bank's Managing Director, Ashwani Kumar, said its total business increased by 13.23 per cent year-on-year to Rs 5,36,398 crore as of September 2025. Gross advances rose by 16.56 per cent to Rs 2,30,702 crore, while gross deposits grew by 10.85 per cent to Rs 3,05,697 crore. The Retail, Agriculture, and MSME (RAM) segment witnessed a robust growth of 22.87 per cent, reaching Rs 1,32,946 crore.
Within the retail portfolio, vehicle loans surged by 72.87 per cent and home loans grew by 18.94 per cent, the MD said.
On the asset quality front, the bank reported an improvement as gross Non-Performing Assets (NPAs) declined to 2.56 per cent, down by 62 basis points. Net NPAs were reduced to 0.43 per cent, a drop of 30 basis points.
The bank's Capital Adequacy Ratio (CRAR) stood strong at 17.89 per cent, and business per employee rose to Rs 25.17 crore during the quarter.
The bank was awarded the 'Runner-up for Best Performance in Growth (Mid-Size Public Sector Bank)' at the 3rd Emerging Asia Banking Awards 2025.
As of September 30, 2025, UCO Bank has a network of 3,322 domestic branches, 2 overseas branches, and over 17,040 customer touch points, including ATMs and BC Points.
