UTI net profit up by 30%

New Delhi, July 13 (UNI) UTI Bank today posted a 30 per cent increase in its net profit for the quarter ended June 30, 2005 at Rs 120.5 crore as against Rs 92.6 crore for the corresponding period last year.

The bank's total income increased to Rs 1,178.42 crore in Q1 FY06 from Rs 771.85 crore in Q1 FY05, up by 53 per cent, a company statement said.

The private sector bank, engaged in retail and corporate banking, operates through a network of over 450 branch offices and extension counters and 1891 ATMs.

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