UCO BANK - Announces Q4 and FY14 results

UCO Bank has announced the following results for the quarter and year ended March 31, 2014:<br/><br/>The Audited results for the Quarter ended March 31, 2014<br/><br/>The Bank has posted a net profit of Rs. 2847.00 million for the quarter ended March 31, 2014 as compared to Rs. 495.60 million for the quarter ended March 31, 2013. Total Income has increased from Rs. 45270.60 million for the quarter ended March 31, 2013 to Rs. 53092.70 million for the quarter ended March 31, 2014.<br/><br/>The Audited results for the Year ended March 31, 2014<br/><br/>The Bank has posted a net profit of Rs. 15105.40 million for the year ended March 31, 2014 as compared to Rs. 6182.00 million for the year ended March 31, 2013. Total Income has increased from Rs. 177038.80 million for the year ended March 31, 2013 to Rs. 195504.20 million for the year ended March 31, 2014.