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Tamilnad Mercantile Bank Q1 net crosses ₹400 crore for the first time
Tamilnad Mercantile Bank Ltd (TMB) reported a 34.97% year on year (YoY) increase in net profit to ₹411.51 crore for the quarter ended June 2026 compared with ₹304.89 crore in the corresponding quarter last year. “This is the highest-ever net profit in the bank’s history. For the first time, we have crossed the ₹400 crore mark,” said Salee S Nair, Managing Director and CEO of the bank.
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economictimes.indiatimes.com
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income. The lender also posted…
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thehindubusinessline.com
Tamilnad Mercantile Bank Q1 net profit up 35% at ₹412 crore on core business growth
Tamilnad Mercantile Bank reports a 35% rise in Q1 net profit to ₹412 crore, driven by retail and agri loan growth.
