Tamilnad Mercantile Bank is a private sector bank that announced its Q4 FY25 results on Wednesday, 23rd April 2025. The bank’s standalone net profit increased to ₹292 crores, indicating a YoY increase of 15.3% from ₹253.1 crores in the same quarter last year.
Apart from the positive growth in profitability, Tamilnad Mercantile Bank also reported an uptrend of 0.2% YoY growth in its net interest income (NII). The bank witnessed an increase from ₹567.1 crores in the corresponding period of the previous fiscal year to ₹567.9 crores in the current financial year.
Furthermore, as per Tamilnad Mercantile Bank Q4 results, the bank’s non-performing assets (NPA) decreased to ₹160.5 crores in FY24- 25 from ₹335.8 crores in FY23- 24.
Tamilnad Mercantile Bank Q4 Results Highlights
The following table shows the Tamilnad Mercantile Bank quarterly results:
| Details | Q4 FY 2024-25 | Q3 FY 2024-25 | Q4 FY 2023-24 | YoY Growth (%) | QoQ Growth (%) |
| Total Income (₹ in crore) | ₹1542.1 | ₹1519.9 | ₹1417.6 | 9% | 1.5% |
| Net profit (₹ in crore) | ₹292 | ₹300.2 | ₹253.1 | 15.3% | -2.7% |
| EPS (Diluted) | ₹18.4 | ₹19 | ₹16 | 15.3% | -3% |
Tamilnad Mercantile Bank’s Financial Results Comparison with the Previous Year
The table below shows a comparison of Tamilnad Mercantile Bank Q4 2025 results:
| Details | FY 2024-25 | FY 2023-24 |
| Total Income (in crore) | ₹6141.8 | ₹5492.9 |
| Net Profit (in crore) | ₹1182.6 | ₹1072 |
| EPS | ₹74.7 | ₹67.7 |
Updates on the Latest Financial Results Shared by the Bank
While declaring the Q4 Tamilnad Mercantile Bank results, the following key highlights are noted:
- Fraud Reporting: The bank reported 9 non-credit fraud cases totalling ₹57.4 lakhs during FY 2024–25. After recovering ₹27.5 lakhs, a 100% provision was made for the remaining amount.
- Loan Transfers & Acquisitions: No stressed or standard loans were transferred or acquired under the RBI Master Direction on Transfer of Loan Exposures (September 24, 2021). No Security Receipts were acquired from Asset Reconstruction Companies.
- ESOP Implementation: The TMB ESOP Plan 2024, approved in March 2025, has yet to be implemented.
- Dividend Recommendation: The Board has proposed a final dividend of ₹11 per share (110%) for FY 2024–25, up from ₹10 (100%) in the previous year, subject to shareholder approval. This has been factored into the capital adequacy ratio.
