Tamilnad Mercantile Bank Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Standalone Quarterly Results

Jun'26

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Interest Earned

1,662.43

1,550.38

1,469.41

1,413.39

1,386.24

1,341.68

1,331.02

Income On Investments

277.80

254.53

261.82

271.28

261.54

247.09

252.17

Interest On Balances With Rbi Other Inter Bank Funds

12.88

11.52

10.39

15.34

17.38

7.32

5.78

Interest / Discount On Advances / Bills

1,371.59

1,284.15

1,197.00

1,126.51

1,107.05

1,086.97

1,072.64

Others

0.16

0.18

0.20

0.26

0.27

0.30

0.43

Other Income

238.36

241.76

196.01

208.07

231.23

200.38

188.92

Total Income

1,900.79

1,792.14

1,665.42

1,621.46

1,617.47

1,542.06

1,519.94

Interest Expended

897.35

845.93

823.27

816.26

806.69

773.77

760.63

Net Interest Income

765.08

704.45

646.14

597.13

579.55

567.91

570.39

Total Expenditure (Excl Depreciation)

392.37

423.90

373.92

352.77

398.52

364.29

351.61

Employee Cost

209.24

220.68

175.14

175.84

222.83

177.79

178.16

Other Operating Expenses

183.13

203.22

198.78

176.93

175.69

186.50

173.45

Operating Profit Before Provisions and Contingencies

611.07

522.31

468.23

452.43

412.26

404.00

407.70

Exceptional Items

0.00

Provisions and contingencies

53.93

18.79

1.49

20.01

8.34

17.22

3.26

Profit Before Tax

557.14

503.52

466.74

432.42

403.92

386.78

404.44

Tax

145.63

129.87

125.24

114.91

99.03

94.88

104.20

Profit After Tax

411.51

373.65

341.50

317.51

304.89

291.90

300.24

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

411.51

373.65

341.50

317.51

304.89

291.90

300.24

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

25.99

23.6

21.57

20.05

19.25

18.43

18.96

Diluted Earnings per share

25.99

23.6

21.57

20.05

19.25

18.44

18.96

Operating Profit Margin (Excl OI)

73.15%

71.45%

74.45%

73.63%

70.65%

71.56%

73.34%

Gross Profit Margin

33.51%

32.48%

31.76%

30.59%

29.14%

28.83%

30.39%

PAT Margin

24.75%

24.1%

23.24%

22.46%

21.99%

21.76%

22.56%

Net Interest Margin

4.29%

4.18%

4.04%

3.83%

3.84%

3.91%

4.0%

Return on Assets

2.14%

2.05%

1.97%

1.85%

1.82%

1.81%

1.89%

CASA (%)

26.16%

28.14%

27.95%

27.36%

26.78%

0.0%

27.36%

CASA Amount

0.00

Capital Adequacy Ratio (Total)

32.33%

33.73%

30.08%

30.96%

31.55%

32.71%

29.35%

Capital Adequacy Ratio (Tier 1)

31.3%

32.27%

28.53%

29.4%

29.99%

31.24%

27.88%

Provision Coverage Ratio (%)

96.04%

96.14%

96.08%

95.3%

94.32%

93.86%

93.21%

Amount of Gross NPAs

398.08

388.21

462.83

474.45

549.12

556.13

576.38

Amount of Net NPAs

98.00

97.41

100.08

121.52

147.37

160.45

177.59

% of Net NPAs

0.17%

0.18%

0.2%

0.26%

0.33%

0.36%

0.41%

% of Gross NPAs

0.69%

0.73%

0.91%

1.01%

1.22%

1.25%

1.32%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

0.0

1150.0

0.0

1161.0

Number of Branches

628.0

622.0

0.0

586.0

578.0

572.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Jun 2026 is 7.23% vs 5.51% in Mar 2026

Net Profit

QoQ Growth in quarter ended Jun 2026 is 10.13% vs 9.41% in Mar 2026

Operating Profit (PBDIT)

QoQ Growth in quarter ended Jun 2026 is 16.99% vs 11.55% in Mar 2026

% of Net NPAs

QoQ Growth in quarter ended Jun 2026 is -0.01% vs -0.02% in Mar 2026

% of Gross NPAs

QoQ Growth in quarter ended Jun 2026 is -0.04% vs -0.18% in Mar 2026

Compare Quarterly Results Of T N Merc. Bank With

Select Peers

Figures in Cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,662.43

3,546.00

-1,883.57

-53.12%

Income On Investments

277.80

722.36

-444.56

-61.54%

Interest On Balances With Rbi Other Inter Bank Funds

12.88

8.06

4.82

59.8%

Interest / Discount On Advances / Bills

1,371.59

2,685.09

-1,313.50

-48.92%

Others

0.16

130.49

-130.33

-99.88%

Other Income

238.36

214.02

24.34

11.37%

Total Income

1,900.79

3,760.02

-1,859.23

-49.45%

Interest Expended

897.35

2,048.88

-1,151.53

-56.2%

Net Interest Income

765.08

1,497.12

-732.04

-48.9%

Total Expenditure (Excl Depreciation)

392.37

1,007.86

-615.49

-61.07%

Employee Cost

209.24

651.16

-441.92

-67.87%

Other Operating Expenses

183.13

356.70

-173.57

-48.66%

Operating Profit Before Provisions and Contingencies

611.07

703.28

-92.21

-13.11%

Exceptional Items

0.00

Provisions and contingencies

53.93

84.04

-30.11

-35.83%

Profit Before Tax

557.14

619.24

-62.10

-10.03%

Tax

145.63

195.06

-49.43

-25.34%

Profit After Tax

411.51

424.18

-12.67

-2.99%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

411.51

424.18

-12.67

-2.99%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

25.99

3.85

22.14

575.06%

Diluted Earnings per share

25.99

3.85

22.14

575.06%

Operating Profit Margin (Excl OI)

73.15%

69.21%

0.00

3.94%

Gross Profit Margin

33.51%

17.46%

0.00

16.05%

PAT Margin

24.75%

11.96%

0.00

12.79%

Net Interest Margin

4.29%

3.28%

1.01

1.01%

Return on Assets

2.14%

0.00%

2.14

2.14%

CASA (%)

26.16%

42.06%

-15.90

-15.90%

CASA Amount

0.00

72,944.00

-72,944.00

-100.0%

Capital Adequacy Ratio (Total)

32.33%

16.67%

15.66

15.66%

Capital Adequacy Ratio (Tier 1)

31.30%

14.78%

16.52

16.52%

Provision Coverage Ratio (%)

96.04%

90.53%

5.51

5.51%

Amount of Gross NPAs

398.08

3,088.94

-2,690.86

-87.11%

Amount of Net NPAs

98.00

769.31

-671.31

-87.26%

% of Net NPAs

0.17%

0.60%

-0.43

-0.43%

% of Gross NPAs

0.69%

2.37%

-1.68

-1.68%

Public Share Holdings (%)

0.00%

40.60%

-40.60

-40.60%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

0.00

1,445.00

-1,445.00

-100.0%

Number of Branches

628.00

1,008.00

-380.00

-37.7%

Quarterly - Interest Earned

Interest Earned 1662.43 Cr

in Jun 2026

Figures in Cr

QoQ Growth in quarter ended Jun 2026 is 7.23% vs 5.51% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 19.92% vs 8.2% in Jun 2025

Quarterly - Net Profit

Net Profit 411.51 Cr

in Jun 2026

Figures in Cr

QoQ Growth in quarter ended Jun 2026 is 10.13% vs 9.41% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 34.97% vs 6.13% in Jun 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 611.07 Cr

in Jun 2026

Figures in Cr

QoQ Growth in quarter ended Jun 2026 is 16.99% vs 11.55% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 48.22% vs -12.07% in Jun 2025

Quarterly - % of Net NPAs

% of Net NPAs 0.17%

in Jun 2026

Figures in %

QoQ Growth in quarter ended Jun 2026 is -0.01% vs -0.02% in Mar 2026

YoY Growth in quarter ended Jun 2026 is -0.16% vs -0.32% in Jun 2025

Quarterly - % of Gross NPAs

% of Gross NPAs 0.69%

in Jun 2026

Figures in %

QoQ Growth in quarter ended Jun 2026 is -0.04% vs -0.18% in Mar 2026

YoY Growth in quarter ended Jun 2026 is -0.53% vs -0.22% in Jun 2025