Tamilnad Mercantile Bank Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Standalone Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Interest Earned

1,469.41

1,413.39

1,386.24

1,341.68

1,331.02

1,337.41

1,281.15

Income On Investments

261.82

271.28

261.54

247.09

252.17

257.85

260.31

Interest On Balances With Rbi Other Inter Bank Funds

10.39

15.34

17.38

7.32

5.78

6.00

6.83

Interest / Discount On Advances / Bills

1,197.00

1,126.51

1,107.05

1,086.97

1,072.64

1,073.09

1,013.48

Others

0.20

0.26

0.27

0.30

0.43

0.47

0.53

Other Income

196.01

208.07

231.23

200.38

188.92

227.47

233.72

Total Income

1,665.42

1,621.46

1,617.47

1,542.06

1,519.94

1,564.88

1,514.87

Interest Expended

823.27

816.26

806.69

773.77

760.63

741.35

714.59

Net Interest Income

646.14

597.13

579.55

567.91

570.39

596.06

566.56

Total Expenditure (Excl Depreciation)

373.92

352.77

398.52

364.29

351.61

358.33

331.44

Employee Cost

175.14

175.84

222.83

177.79

178.16

191.04

179.35

Other Operating Expenses

198.78

176.93

175.69

186.50

173.45

167.29

152.09

Operating Profit Before Provisions and Contingencies

468.23

452.43

412.26

404.00

407.70

465.20

468.84

Exceptional Items

0.00

Provisions and contingencies

1.49

20.01

8.34

17.22

3.26

64.93

85.44

Profit Before Tax

466.74

432.42

403.92

386.78

404.44

400.27

383.40

Tax

125.24

114.91

99.03

94.88

104.20

97.09

96.11

Profit After Tax

341.50

317.51

304.89

291.90

300.24

303.18

287.29

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

341.50

317.51

304.89

291.90

300.24

303.18

287.29

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

21.57

20.05

19.25

18.43

18.96

19.15

18.14

Diluted Earnings per share

21.57

20.05

19.25

18.44

18.96

19.15

18.14

Operating Profit Margin (Excl OI)

74.45%

73.63%

70.65%

71.56%

73.34%

68.35%

67.46%

Gross Profit Margin

31.76%

30.59%

29.14%

28.83%

30.39%

29.93%

PAT Margin

23.24%

22.46%

21.99%

21.76%

22.56%

22.67%

22.42%

Net Interest Margin

4.04%

3.83%

3.84%

3.91%

4.0%

4.25%

4.12%

Return on Assets

1.97%

1.85%

1.82%

1.81%

1.89%

1.94%

1.88%

CASA (%)

27.95%

27.36%

26.78%

0.0%

27.36%

28.12%

28.03%

CASA Amount

0.00

13,873.00

13,789.00

Capital Adequacy Ratio (Total)

30.08%

30.96%

31.55%

32.71%

29.35%

29.59%

29.21%

Capital Adequacy Ratio (Tier 1)

28.53%

29.4%

29.99%

31.24%

27.88%

28.12%

27.74%

Provision Coverage Ratio (%)

96.08%

95.3%

94.32%

93.86%

93.21%

92.56%

90.27%

Amount of Gross NPAs

462.83

474.45

549.12

556.13

576.38

584.45

587.66

Amount of Net NPAs

100.08

121.52

147.37

160.45

177.59

194.77

261.56

% of Net NPAs

0.2%

0.26%

0.33%

0.36%

0.41%

0.46%

0.65%

% of Gross NPAs

0.91%

1.01%

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

Number of Branches

0.0

585.0

0.0

572.0

567.0

565.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Dec 2025 is 3.96% vs 1.96% in Sep 2025

Net Profit

QoQ Growth in quarter ended Dec 2025 is 7.56% vs 4.14% in Sep 2025

Operating Profit (PBDIT)

QoQ Growth in quarter ended Dec 2025 is 3.49% vs 9.74% in Sep 2025

% of Net NPAs

QoQ Growth in quarter ended Dec 2025 is -0.06% vs -0.07% in Sep 2025

% of Gross NPAs

QoQ Growth in quarter ended Dec 2025 is -0.10% vs -0.21% in Sep 2025

Compare Quarterly Results Of T N Merc. Bank With

Select Peers

Figures in Cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,469.41

2,517.53

-1,048.12

-41.63%

Income On Investments

261.82

497.60

-235.78

-47.38%

Interest On Balances With Rbi Other Inter Bank Funds

10.39

48.30

-37.91

-78.49%

Interest / Discount On Advances / Bills

1,197.00

1,963.00

-766.00

-39.02%

Others

0.20

8.63

-8.43

-97.68%

Other Income

196.01

485.93

-289.92

-59.66%

Total Income

1,665.42

3,003.46

-1,338.04

-44.55%

Interest Expended

823.27

1,636.85

-813.58

-49.7%

Net Interest Income

646.14

880.68

-234.54

-26.63%

Total Expenditure (Excl Depreciation)

373.92

782.28

-408.36

-52.2%

Employee Cost

175.14

428.69

-253.55

-59.15%

Other Operating Expenses

198.78

353.59

-154.81

-43.78%

Operating Profit Before Provisions and Contingencies

468.23

584.33

-116.10

-19.87%

Exceptional Items

0.00

Provisions and contingencies

1.49

80.41

-78.92

-98.15%

Profit Before Tax

466.74

503.92

-37.18

-7.38%

Tax

125.24

129.60

-4.36

-3.36%

Profit After Tax

341.50

374.32

-32.82

-8.77%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

341.50

374.32

-32.82

-8.77%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

21.57

1.43

20.14

1408.39%

Diluted Earnings per share

21.57

1.43

20.14

1408.39%

Operating Profit Margin (Excl OI)

74.45%

65.73%

0.00

8.72%

Gross Profit Margin

31.76%

20.02%

0.00

11.74%

PAT Margin

23.24%

14.87%

0.00

8.37%

Net Interest Margin

4.04%

2.86%

1.18

1.18%

Return on Assets

1.97%

0.00%

1.97

1.97%

CASA (%)

27.95%

31.84%

-3.89

-3.89%

CASA Amount

0.00

37,640.00

-37,640.00

-100.0%

Capital Adequacy Ratio (Total)

30.08%

17.84%

12.24

12.24%

Capital Adequacy Ratio (Tier 1)

28.53%

16.88%

11.65

11.65%

Provision Coverage Ratio (%)

96.08%

91.57%

4.51

4.51%

Amount of Gross NPAs

462.83

2,581.50

-2,118.67

-82.07%

Amount of Net NPAs

100.08

425.90

-325.82

-76.5%

% of Net NPAs

0.20%

0.45%

-0.25

-0.25%

% of Gross NPAs

0.91%

2.67%

-1.76

-1.76%

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 1469.41 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 3.96% vs 1.96% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 10.4% vs 8.29% in Dec 2024

Quarterly - Net Profit

Net Profit 341.50 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 7.56% vs 4.14% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 13.74% vs 5.63% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 468.23 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 3.49% vs 9.74% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 14.85% vs 10.13% in Dec 2024

Quarterly - % of Net NPAs

% of Net NPAs 0.20%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 is -0.06% vs -0.07% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -0.21% vs -0.57% in Dec 2024

Quarterly - % of Gross NPAs

% of Gross NPAs 0.91%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 is -0.10% vs -0.21% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -0.41% vs -0.37% in Dec 2024