UCO Bank has reported result for the fourth quarter and year ended March 31, 2015.
The bank has posted a fall of 26.49% in its net profit at Rs 209.28 crore for the quarter ended March 31, 2015 as compared to Rs 284.7 crore for the same quarter in the previous year. Total income of the bank has decreased by 0.86% at Rs 5263.36 crore for quarter under review as compared to Rs 5309.27 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a fall of 24.68% in its net profit at Rs 1137.8 crore as compared to Rs 1510.54 crore for the same period in the previous year. However, total income of the bank has increased by 9.27% at Rs 21362.54 crore for year under review as compared to Rs 19550.42 crore for the period ended March 31, 2014.
