Uco Bank’s Q4 net loss narrows to Rs 1,552 crore
14th May 2019

Uco Bank has reported results for the fourth quarter and year ended March 31, 2019. 

The bank has reported a net loss of Rs 1,552.02 crore for the quarter ended March 31, 2019 as compared to net loss of Rs 2,134.36 crore for the same quarter in the previous year. However, total income of the bank increased by 21.14% at Rs 4,148.52 crore for quarter under review as compared to Rs 3,424.65 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the bank has posted a net loss of Rs 4,321.09 crore as compared to net loss of Rs 4,436.37 crore for the previous year. However, total income of bank increased 4.64% at Rs 15,844.14 crore for year under review as compared to Rs 15,141.13 crore for year ended March 31, 2018.