UCO Bank has reported results for fourth quarter and year ended March 31, 2021.
The bank has reported above 4-fold jump in its net profit at Rs 80.03 crore for the quarter under review as compared to Rs 16.78 crore for the same quarter in the previous year. Total income of the bank increased by 9.43% at Rs 4936.75 crore for Q4FY21 as compared Rs 4511.21 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the bank has reported net profit at Rs 167.04 crore as compared to net loss of Rs 2436.83 crore for the previous year. Total income of the bank increased by 0.89% at Rs 18166.42 crore for year under review as compared to Rs 18005.55 crore for year ended March 31, 2020.