UCO Bank reports over 2-fold jump in Q1 net profit

UCO Bank | Bank - Public | BFSI | BSE: 532505 | NSE: UCOBANK

22 Jul 2024 Evaluate

UCO Bank has reported results for first quarter ended June 30, 2024 (Q1FY25).

The bank has reported over 2-fold jump in its net profit at Rs 550.96 crore for the quarter ended June 30, 2024 as compared to Rs 223.48 crore for the same quarter in the previous year. Total income of the bank increased by 10.29% at Rs 6459.42 crore for Q1FY25 as compared to Rs 5856.95 crore for the corresponding quarter previous year.

UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.