UCO Bank Q1 Results FY27: Net Profit Rises 8.1% to Rs 656 Crore as Provisions Fall Sharply
- July 22, 2026
- Posted by: Neeraj Pandey
- Category: News
UCO Bank Q1 FY27: PAT Rs 656 Cr, up 8.1% YoY. NII up 17% at Rs 2,808 Cr. Net NPA improves to 0.25%. Provisions fall to Rs 235 Cr from Rs 616 Cr YoY. Stock down 1.15% at Rs 26.55.
UCO Bank Q1 results FY27 were announced on Wednesday, 22 July 2026, with the public sector lender reporting a net profit of Rs 656 crore for the quarter ended 30 June 2026, up 8.1% from Rs 607 crore in the year ago quarter. Net interest income grew a strong 17% to Rs 2,808 crore, while provisions fell sharply to Rs 235 crore from Rs 616 crore a year ago.
Shares of UCO Bank fell 1.15% to Rs 26.55 on the NSE on the results day, a mild pullback despite the improving underlying trends.
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UCO Bank Q1 Results FY27 Key Takeaways
Here are the most important numbers from the UCO Bank Q1 results FY27 at a glance.
- Net Profit (PAT): Rs 656 Cr in Q1 FY27 versus Rs 607 Cr in Q1 FY26, up 8.1% year on year.
- Net Interest Income: Rs 2,808 Cr in Q1 FY27 versus Rs 2,403 Cr in Q1 FY26, up 17% year on year.
- Net NPA improved to 0.25% from 0.27% quarter on quarter, with Gross NPA improving to 2.08% from 2.17% quarter on quarter.
- Provisions fell sharply to Rs 235 Cr, down from Rs 616 Cr a year ago and Rs 326 Cr in the preceding quarter.
- Global NIM improved to 3.05% from 2.96%, with Domestic NIM at 3.24% versus 3.18% a year ago.
- UCO Bank share price fell 1.15% to Rs 26.55 on the NSE on the results day.
UCO Bank Q1 Results FY27 Financial Highlights
The table below summarises the numbers reported in the UCO Bank Q1 results FY27 against the year ago quarter.
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Net Interest Income | Rs 2,808 Cr | Rs 2,403 Cr | +17% |
| Provisions | Rs 235 Cr | Rs 616 Cr | -61.9% |
| Net Profit (PAT) | Rs 656 Cr | Rs 607 Cr | +8.1% |
All figures are as reported for the quarter ended 30 June 2026. Net NPA and Gross NPA are compared on a quarter on quarter basis against Q4 FY26.
UCO Bank Q1 Results FY27 Performance Analysis
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The scale of the provisions decline is the most striking number in the UCO Bank Q1 results FY27. Provisions fell to Rs 235 crore from Rs 616 crore a year ago, a drop of nearly 62%, and were also lower than the Rs 326 crore booked in the preceding March quarter, confirming the improvement is a genuine sequential trend and not just a favourable year ago comparison.
NII growth of 17% in the UCO Bank Q1 results FY27 is a healthy pace for a public sector bank, and combined with NIM improving to 3.05% from 2.96% on a global basis, points to solid core lending profitability. The relatively modest 8.1% PAT growth, despite the strong NII growth and falling provisions, suggests some of the provisioning benefit may have been offset by other items such as tax or operating expenses.
Asset quality metrics continued to improve, with net NPA at 0.25% and gross NPA at 2.08%, both better than the preceding quarter, extending the multi-year clean up trend that public sector banks including UCO Bank have delivered in recent years.
UCO Bank Q1 Results FY27: Key Business Factors
1. Sharp Decline in Provisions
Provisions falling nearly 62% year on year and also declining sequentially in the UCO Bank Q1 results FY27 is the clearest sign of a genuinely improving credit environment for the bank.
2. Strong NII and Margin Growth
NII growth of 17% alongside NIM expansion to 3.05% globally shows the core lending business is performing well, independent of the provisioning trend.
3. Continued Asset Quality Clean Up
Net NPA at 0.25% and gross NPA at 2.08% in the UCO Bank Q1 results FY27, both improving sequentially, confirm the bank’s ongoing legacy bad loan clean up remains on track.
Dividend Details
Any dividend announcement accompanying the June 2026 quarter results will be reflected in the company’s official NSE and BSE filings. Investors should rely on those filings for dividend confirmation rather than secondary sources.
UCO Bank Q1 Results FY27 Outlook for the Full Year
After the UCO Bank Q1 results FY27, the key markers for FY27 are whether provisions stay low as asset quality keeps improving, and whether NII growth can be sustained at a similar pace. Continued margin expansion alongside falling credit costs would support further profit growth through the year.
UCO Bank Stock Performance After the Q1 Results
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UCO Bank share price fell 1.15% to Rs 26.55 on the NSE after the UCO Bank Q1 results FY27, a mild pullback despite the improving underlying metrics.
Investors can compare the trend of the counter with the Bank Nifty index to judge how the stock is placed relative to the broader banking pack after the UCO Bank Q1 results FY27.
Key Risks
Investors going through the fine print of the UCO Bank Q1 results FY27 should also weigh the following risks.
1. Sustainability of the Provisioning Benefit
With provisions down sharply in the UCO Bank Q1 results FY27, any reversal or normalisation in credit costs in future quarters would directly pressure profit growth.
2. Modest Profit Growth Relative to NII Gains
PAT growth of 8.1% trailing well behind 17% NII growth suggests other costs may be rising, a trend worth monitoring in subsequent quarters.
3. Public Sector Bank Structural Factors
As a public sector bank, the stock can be influenced by government policy, capital raising plans and broader PSU banking sector sentiment beyond company specific fundamentals.
Conclusion
UCO Bank Q1 results FY27 show net profit up 8.1% at Rs 656 crore, with NII growing a strong 17% and provisions falling nearly 62% alongside continued asset quality improvement. Investors should track provisioning trends and cost growth into FY27 and consult a SEBI-registered advisor before acting on the numbers.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on UCO Bank Q1 Results FY27
When were the UCO Bank Q1 results FY27 announced?
Ans. The UCO Bank Q1 results FY27 were announced on Wednesday, 22 July 2026, for the quarter ended 30 June 2026.
What is the PAT in the UCO Bank Q1 results FY27?
Ans. The PAT in the UCO Bank Q1 results FY27 stood at Rs 656 crore, up 8.1% from Rs 607 crore in Q1 FY26.
What was the NII in the UCO Bank Q1 results FY27?
Ans. Net interest income in the UCO Bank Q1 results FY27 stood at Rs 2,808 crore, up 17% from Rs 2,403 crore in Q1 FY26.
How much did provisions fall in the UCO Bank Q1 results FY27?
Ans. Provisions in the UCO Bank Q1 results FY27 fell to Rs 235 crore, down from Rs 616 crore in Q1 FY26 and also lower than the Rs 326 crore booked in the preceding Q4 FY26 quarter.
What was the asset quality in the UCO Bank Q1 results FY27?
Ans. Asset quality improved in the UCO Bank Q1 results FY27, with net NPA at 0.25% versus 0.27% and gross NPA at 2.08% versus 2.17% on a sequential basis.
How did the share price react to the UCO Bank Q1 results FY27?
Ans. UCO Bank share price fell 1.15% to Rs 26.55 on the NSE after the UCO Bank Q1 results FY27.
Is the stock a good buy after the UCO Bank Q1 results FY27?
Ans. The UCO Bank Q1 results FY27 show strong NII growth and falling provisions, though modest PAT growth relative to NII gains is worth monitoring. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.
Where can I verify the UCO Bank Q1 results FY27?
Ans. The official filings for the June 2026 quarter are available on the NSE and BSE websites, and the stock can be tracked on the Univest app.
