UTI Bank Q1 net up 30%

UTI Bank today reported a 30% increase in net profit at Rs 120.55 crore for the first quarter ended June 30, 2006 when compared with Rs 92.63 crore in Q1FY05.

According to a release issued by the bank to the BSE today, total income increased to Rs 1,178.42 crore from Rs 771.85 crore in Q1FY06.