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UCO Bank net profit rises 27% to ₹786 crore in July-September quarter

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: UCO Bank net profit rises 27% to ₹786 crore in July-September quarter
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Market & Financial Impact: UCO Bank reported a 27% year-on-year rise in second-quarter net profit to ₹786 crore, supported by higher income, improved operating profit and better asset quality
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Public sector UCO Bank on Thursday reported a 27 per cent rise in net profit to ₹786 crore for the second quarter ended September 30.

The Kolkata-based lender earned a net profit of ₹620 crore in the same period last fiscal year.

Total income increased to ₹8,170 crore in the second quarter from ₹7,421 crore a year ago, UCO Bank said in a regulatory filing.

Interest income improved to ₹7,286 crore in the September quarter of FY27 from ₹6,537 crore in the year-ago period.

Operating profit also increased to ₹1,872 crore against ₹1,613 crore in the same quarter a year ago.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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