Tamilnad Mercantile Bank Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Standalone Quarterly Results

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Mar'24

Interest Earned

1,413.39

1,386.24

1,341.68

1,331.02

1,337.41

1,281.15

1,253.71

Income On Investments

271.28

261.54

247.09

252.17

257.85

260.31

263.42

Interest On Balances With Rbi Other Inter Bank Funds

15.34

17.38

7.32

5.78

6.00

6.83

5.28

Interest / Discount On Advances / Bills

1,126.51

1,107.05

1,086.97

1,072.64

1,073.09

1,013.48

984.37

Others

0.26

0.27

0.30

0.43

0.47

0.53

0.64

Other Income

208.07

231.23

200.38

188.92

227.47

233.72

163.90

Total Income

1,621.46

1,617.47

1,542.06

1,519.94

1,564.88

1,514.87

1,417.61

Interest Expended

816.26

806.69

773.77

760.63

741.35

714.59

686.66

Net Interest Income

597.13

579.55

567.91

570.39

596.06

566.56

567.05

Total Expenditure (Excl Depreciation)

352.77

398.52

364.29

351.61

358.33

331.44

364.40

Employee Cost

175.84

222.83

177.79

178.16

191.04

179.35

189.10

Other Operating Expenses

176.93

175.69

186.50

173.45

167.29

152.09

175.30

Operating Profit Before Provisions and Contingencies

452.43

412.26

404.00

407.70

465.20

468.84

366.55

Exceptional Items

0.00

Provisions and contingencies

20.01

8.34

17.22

3.26

64.93

85.44

23.54

Profit Before Tax

432.42

403.92

386.78

404.44

400.27

383.40

343.01

Tax

114.91

99.03

94.88

104.20

97.09

96.11

89.95

Profit After Tax

317.51

304.89

291.90

300.24

303.18

287.29

253.06

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

317.51

304.89

291.90

300.24

303.18

287.29

253.06

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

20.05

19.25

18.43

18.96

19.15

18.14

15.98

Diluted Earnings per share

20.05

19.25

18.44

18.96

19.15

18.14

15.98

Operating Profit Margin (Excl OI)

73.63%

70.65%

71.56%

73.34%

68.35%

67.46%

69.06%

Gross Profit Margin

30.59%

29.14%

28.83%

30.39%

29.93%

27.36%

PAT Margin

22.46%

21.99%

21.76%

22.56%

22.67%

22.42%

20.18%

Net Interest Margin

0.0%

3.84%

3.91%

4.0%

4.25%

4.12%

4.24%

Return on Assets

0.0%

1.82%

1.81%

1.89%

1.94%

1.88%

1.7%

CASA (%)

0.0%

26.78%

0.0%

27.36%

28.12%

28.03%

30.0%

CASA Amount

0.00

13,873.00

13,789.00

14,676.00

Capital Adequacy Ratio (Total)

29.4%

31.55%

32.71%

29.35%

29.59%

29.21%

29.37%

Capital Adequacy Ratio (Tier 1)

29.4%

29.99%

31.24%

27.88%

28.12%

27.74%

27.97%

Provision Coverage Ratio (%)

0.0%

94.32%

93.86%

93.21%

92.56%

90.27%

87.52%

Amount of Gross NPAs

0.00

549.12

556.13

576.38

584.45

587.66

575.06

Amount of Net NPAs

0.00

147.37

160.45

177.59

194.77

261.56

335.82

% of Net NPAs

0.0%

0.33%

0.36%

0.41%

0.46%

0.65%

0.85%

% of Gross NPAs

0.0%

1.22%

1.25%

1.32%

1.37%

1.44%

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

0.0

1157.0

Number of Branches

0.0

585.0

0.0

572.0

567.0

565.0

688.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Sep 2025 is 1.96% vs 3.32% in Jun 2025

Net Profit

QoQ Growth in quarter ended Sep 2025 is 4.14% vs 4.45% in Jun 2025

Operating Profit (PBDIT)

QoQ Growth in quarter ended Sep 2025 is 9.74% vs 2.04% in Jun 2025

% of Net NPAs

QoQ Growth in quarter ended Sep 2025 is -0.33% vs -0.03% in Jun 2025

% of Gross NPAs

QoQ Growth in quarter ended Sep 2025 is -1.22% vs -0.03% in Jun 2025

Compare Quarterly Results Of T N Merc. Bank With

Select Peers

Figures in Cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,413.39

2,407.05

-993.66

-41.28%

Income On Investments

271.28

456.06

-184.78

-40.52%

Interest On Balances With Rbi Other Inter Bank Funds

15.34

61.15

-45.81

-74.91%

Interest / Discount On Advances / Bills

1,126.51

1,874.94

-748.43

-39.92%

Others

0.26

14.90

-14.64

-98.26%

Other Income

208.07

515.73

-307.66

-59.66%

Total Income

1,621.46

2,922.78

-1,301.32

-44.52%

Interest Expended

816.26

1,598.27

-782.01

-48.93%

Net Interest Income

597.13

808.78

-211.65

-26.17%

Total Expenditure (Excl Depreciation)

352.77

788.95

-436.18

-55.29%

Employee Cost

175.84

419.77

-243.93

-58.11%

Other Operating Expenses

176.93

369.18

-192.25

-52.07%

Operating Profit Before Provisions and Contingencies

452.43

535.56

-83.13

-15.52%

Exceptional Items

0.00

Provisions and contingencies

20.01

63.27

-43.26

-68.37%

Profit Before Tax

432.42

472.29

-39.87

-8.44%

Tax

114.91

120.92

-6.01

-4.97%

Profit After Tax

317.51

351.37

-33.86

-9.64%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

317.51

351.37

-33.86

-9.64%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

20.05

1.34

18.71

1396.27%

Diluted Earnings per share

20.05

1.34

18.71

1396.27%

Operating Profit Margin (Excl OI)

73.63%

64.59%

0.00

9.04%

Gross Profit Margin

30.59%

19.62%

0.00

10.97%

PAT Margin

22.46%

14.60%

0.00

7.86%

Net Interest Margin

0.00%

2.80%

-2.80

-2.80%

Return on Assets

0.00%

0.00

0.00%

CASA (%)

0.00%

31.86%

-31.86

-31.86%

CASA Amount

0.00

36,841.00

-36,841.00

-100.0%

Capital Adequacy Ratio (Total)

29.40%

17.70%

11.70

11.70%

Capital Adequacy Ratio (Tier 1)

29.40%

16.79%

12.61

12.61%

Provision Coverage Ratio (%)

0.00%

90.25%

-90.25

-90.25%

Amount of Gross NPAs

0.00

2,703.47

-2,703.47

-100.0%

Amount of Net NPAs

0.00

505.82

-505.82

-100.0%

% of Net NPAs

0.00%

0.56%

-0.56

-0.56%

% of Gross NPAs

0.00%

2.93%

-2.93

-2.93%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

0.00

1,269.00

-1,269.00

-100.0%

Number of Branches

0.00

948.00

-948.00

-100.0%

Quarterly - Interest Earned

Interest Earned 1413.39 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 1.96% vs 3.32% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 5.68% vs 10.61% in Sep 2024

Quarterly - Net Profit

Net Profit 317.51 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 4.14% vs 4.45% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 4.73% vs 10.85% in Sep 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 452.43 Cr

in Sep 2025

Figures in Cr

QoQ Growth in quarter ended Sep 2025 is 9.74% vs 2.04% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -2.75% vs 27.41% in Sep 2024

Quarterly - % of Net NPAs

No % of Net NPAs in the last few periods

Quarterly - % of Gross NPAs

No % of Gross NPAs in the last few periods