UCO Bank Reports Strong Q2 FY26 Results, Net Profit Jumps 2.8% to ₹620 Crore
New Delhi(The Uttam Hindu): UCO Bank has announced its financial results for the September 2025 quarter. The bank's total business stood at ₹5,36,398 crore as of September 30, 2025, representing a year-on-year growth of 13.23%. Gross advances increased by 16.56% to ₹2,30,702 crore, and total deposits increased by 10.85% to ₹3,05,697 crore.
Disclosing the bank's financial results at a press conference, the bank's MD, Mr. Ashwani Kumar, stated that the bank's net profit for the quarter ended September 30, 2025 was ₹620 crore, compared to ₹603 crore in the same period last year, and operating profit was ₹1,613 crore, compared to ₹1,432 crore last year.
UCO Bank received the runner-up award for Best Performance (Growth) in the Mid-Sized Public Sector Bank category at the 3rd Emerging Asia Banking Awards 2025 organized by the Indian Chamber of Commerce (ICC). Ms. Milan Dubey, Regional Head, Chandigarh, stated that UCO Bank has launched several digital products. For customer convenience, new accounts are being opened using tab banking, and customers are being provided information on mobile banking, debit cards, QR codes, and sound boxes.
Result Highlights - Q2 FY-2025-26
Business Growth - The Bank's total business stood at ₹5,36,398 crore as of 30.09.2025, registering a year-on-year growth of 13.23%. Gross Advances grew by 16.56% Y-o-Y to ₹2,30,702 crore and Total Deposits grew by 10.85% Y-o-Y to ₹3,05,697 crore.
Profit and Returns - Net Profit for the quarter ended 30.09.2025 stood at ₹620 crore as against ₹603 crore in the same period last year, a growth of 2.82% Y-o-Y. Operating Profit for the quarter ended 30.09.2025 stood at ₹1,613 crore as against ₹1,432 crore in the same period last year, a growth of 12.64% Y-o-Y.
Advances to Retail, Agriculture and MSME (RAM) Sectors - The Bank's RAM segment grew by 22.87% year-on-year to ₹1,32,946 crore. Retail advances grew by 25.40% year-on-year, agriculture advances by 17.28% year-on-year, and MSME advances by 23.80% year-on-year.
Reduction in NPAs - Gross NPAs decreased by 62 bps year-on-year to 2.56% as of 30.09.2025, while net NPAs decreased by 30 bps year-on-year to 0.43%.
Capital Adequacy Ratio - The Capital Adequacy Ratio (CRAR) stood at 17.89% as of 30.09.2025, with Tier I capital ratio at 15.90%.
Credit to Deposit Ratio – Credit to Deposit Ratio increased to 75.47% as on 30.09.2025 from 71.77% as on 30.09.2024.