What does T N Merc. Bank do?

Jul 17 2025 07:43 AM IST
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Tamilnad Mercantile Bank Ltd is a private sector bank established in 1921, with a recent net sales of ₹1,341.68 Cr and a net profit of ₹292 Cr as of March 2025, and a market capitalization of ₹7,156 Cr.
Overview:
Tamilnad Mercantile Bank Ltd operates as a private sector bank within the mid-cap market segment.

History:
The bank was incorporated on May 11, 1921, under the name 'Nadar Bank Limited' in Thoothukudi, Tamil Nadu. The latest quarterly results reported are for March 2025, showcasing the bank's performance in terms of sales and profit.

Financial Snapshot:
Most recent Net Sales: 1,341.68 Cr (Quarterly Results - Mar 2025)
Most recent Net Profit: 292 Cr (Quarterly Results - Mar 2025)
Market-cap value: INR 7,156 Cr (Mid Cap)

Key Metrics:
P/E: N/A
Industry P/E: N/A
Dividend Yield: 0.00%
Debt-Equity: N/A
ROE: N/A
Price-to-Book: N/A

Contact Details:
Registrar Address: Not available.
Phone: Not available.
Email: Not available.
Website: Not available.
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