Mumbai: State-run UCO Bank today reported a two-fold growth in net profit at Rs171.63 crore for the third quarter ended 31 December, 2008.
The Kolkata-based lender had a net profit of Rs82.78 crore in the December quarter of FY’08, UCO bank said in a filing to the Bombay Stock Exchange.
Total income rose 33.36% to Rs2,433.52 crore during the quarter under review, from Rs1,824.73 crore in the corresponding period last fiscal.
For the nine-month ended December 31, UCO Bank reported a 39.54% growth in net profit at Rs455.16. The total income also rose 26.65% to Rs6,620.66 crore during the nine-month period.
Shares of UCO Bank were trading at Rs28.90, up 2.85% in the late afternoon trade on the BSE.