UCO Bank 2022 june quarter financial Results

by time news

Published by UCO Bank posted a net profit of Rs 123.61 crore for the June 2022 quarter.

UCO Bank, a public sector bank, recently released its June quarter financial results. UCO Bank posted a net profit of Rs 123.61 crore for the June 2022 quarter. This is 22 percent higher than the same quarter last year. UCO Bank had posted a net profit of Rs 101.81 crore in the June quarter of 2021.

UCO Bank’s total revenue for the June quarter of 2022 was Rs 3,796.59 crore. This is lower than in the June quarter of 2021. UCO Bank earned a total revenue of Rs 4,539.08 crore during the quarter. UCO Bank’s interest income for the June quarter of 2022 was Rs 3,851.07 crore.

UCO Bank

As of the end of last June quarter, UCO Bank’s total NPLs decreased to 7.42 percent and NPLs decreased to 2.4 percent. At the close of trading on the Mumbai Stock Exchange yesterday, UCO Bank’s share price rose by 0.60 percent to Rs 11.73 from the previous trading day.

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