UCO Bank Net Profit Surges 27% To ₹785.64 Crore In September Quarter
Mumbai: UCO Bank on Friday announced a standalone net profit of ₹785.64 crore for the quarter ended 30 September 2026, marking a 27 per cent rise from ₹619.76 crore reported in the same quarter last year. The public sector bank 's total income grew by 10.14 per cent to ₹8,174.08 crore, compared with ₹7,421.39 crore in the year-ago period. Financial Performance Interest earned by the bank rose to…
Mumbai-based HDFC Asset Management Company Limited (HDFC AMC) reported a 4.3% increase in consolidated net profit after tax to ₹748.73 crore for the quarter ending September 30, 2026. This surpassed the ₹718.43 crore profit of the same period last year. Revenue for the period rose to ₹1,170.22 crore from ₹1,027.40 crore, while total income was ₹1,241.48 crore compared to ₹1,123.59 crore.
Expenses increased to ₹264.82 crore, driven by higher employee benefit costs to ₹141.74 crore. Earnings per share grew to ₹17.46 from ₹16.79. For the half-year, profit was ₹1,585.86 crore versus ₹1,465.98 crore, with revenue reaching ₹2,269.94 crore, up from ₹1,995.55 crore. The company paid a final dividend of ₹54 per share and allotted 4,20,144 equity shares post stock option exercises.
HDFC AMC also confirmed a cybersecurity incident on May 16, 2026, which did not materially affect its financials.
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- HDFC AMC Consolidated Profit Rises 4.3% To ₹748.73 Crore In September Quarter freepressjournal.in
