UCO Bank's Q2 net profit surges by 145% to ₹504 crore

UCO Bank on Thursday reported a 145% rise in its net profit to ₹504.52 crore in the July-September quarter, as against ₹205.4 crore in the year-ago period. Total revenue of the Kolkata-headquartered lender in the quarter rose to ₹4,964.84 crore from ₹4,655.86 crore in the year-ago quarter. Interest income during Q2 rose to ₹4,184.89 crore from ₹3,719.79 crore.