UCO Bank reported a strong performance for the quarter ended March 31, 2026, with a net profit of Rs. 801.15 crore. The Board has recommended a dividend of Rs. 0.44 per equity share for the fiscal year 2025-26. Furthermore, the Bank announced strategic plans to raise Rs. 2,700 crore through equity issuance and up to Rs. 5,000 crore via Basel III compliant bonds during the 2026-27 financial year.
Financial Highlights for Q4 and FY 2025-26
For the fourth quarter ended March 31, 2026, UCO Bank recorded a net profit of Rs. 801.15 crore, contributing to an annual net profit of Rs. 2,767.46 crore for the 2025-26 financial year. The Bank’s total income for the quarter stood at Rs. 7,365.22 crore, with a healthy Capital Adequacy Ratio (Basel III) of 18.51%.
Asset Quality and Operational Efficiency
UCO Bank has demonstrated significant improvement in asset quality. The Gross NPA ratio for the quarter was reported at 2.17%, while the Net NPA ratio improved to 0.27%. The Bank’s provision coverage ratio for non-performing assets remained robust at 97.79% as of March 31, 2026, reflecting the management’s focus on maintaining a clean and resilient balance sheet.
Future Capital Strategy
To support its business growth and expansion, the Board of Directors has approved a two-fold capital-raising plan for the 2026-27 fiscal year. The Bank intends to raise Rs. 2,700 crore in equity capital through various modes such as Qualified Institutional Placement (QIP) or Follow-on Public Offer (FPO). Additionally, the Bank is authorized to raise up to Rs. 5,000 crore through the issuance of Basel III compliant Additional Tier I bonds, Tier II bonds, or long-term infrastructure bonds.
Dividend Recommendation
Reflecting the Bank’s solid financial health and commitment to delivering shareholder value, the Board of Directors has recommended a dividend payout of Rs. 0.44 per equity share for the financial year 2025-26. This recommendation remains subject to approval by shareholders at the bank’s upcoming Annual General Meeting.
Source: BSE
