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UCO Bank reports 12% rise in Q4 net profit

05 May 2012 Evaluate

UCO Bank has reported results for fourth quarter ended March 31, 2012

The bank has posted a rise of 11.93% in its net profit at Rs 252.84 crore for the quarter ended March 31, 2012 as compared to Rs 225.90 crore for the same quarter in the previous year. Total income has increased by 25.47% at Rs 4216.63 crore for quarter under review as compared Rs 3360.55 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the bank has posted a rise of 22.30% in its net profit at Rs 1108.67 crore for the year ended March 31, 2012 as compared to Rs 906.54 crore for the same period in the previous year. Total income has increased by 26.85% at Rs 15597.92 crore for year under review as compared to Rs 12296.21 crore for the period ended March 31, 2011.

Peers
Company Name CMP
State Bank Of India 996.00
PNB 118.00
Bank Of Baroda 234.10
Canara Bank 123.65
Union Bank Of India 177.25
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