Tamilnad Mercantile Bank Ltd News
Tamilnad Mercantile Bank rises 3% on Q3 update; total business up 14% YoY
The private sector bank's total business in Q3 grew 14.28 per cent to ₹1,07,470 crore, as compared to ₹94,042 crore a year ago
 "Tamilnad Mercantile Bank rises 3% on Q3 update; total business up 14% YoY")
TMB's net profit up 6% in Q1, driven by strong lending and deposit growth
Tamilnad Mercantile Bank's net profit hits a record Rs 304.9 crore in Q1FY26, driven by strong growth in core lending and deposit businesses
 "TMB's net profit up 6% in Q1, driven by strong lending and deposit growth")
Tamilnad Mercantile Bank Q1 profit rises 6% to ₹305 crore in FY26
Tamilnad Mercantile Bank on Friday reported a 6.27 per cent growth in net profit to Rs 305 crore for the first quarter ended June 30. The bank had a net profit of Rs 287 crore in the June quarter of the previous (2024-25) fiscal. Total income of Tamilnad Mercantile Bank rose to Rs 1,617 crore in the June quarter of FY'26, from Rs 1,515 crore in the corresponding period of FY'25. Gross non-performing assets (NPA) improved to 1.22 per cent of loans at the end of June 2025, as against 1.44 per cent in June 2024. Shares of Tamilnad Mercantile Bank closed at Rs 455.25, down 1.10 per cent over the previous close on BSE.
 "Tamilnad Mercantile Bank Q1 profit rises 6% to ₹305 crore in FY26")
