{"id":12164,"date":"2025-07-28T18:18:22","date_gmt":"2025-07-28T12:48:22","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12164"},"modified":"2025-07-28T18:24:03","modified_gmt":"2025-07-28T12:54:03","slug":"tamilnad-mercantile-bank-ltd-q1-results","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/quarterly-results\/tamilnad-mercantile-bank-ltd-q1-results\/","title":{"rendered":"Tamilnad Mercantile Bank Ltd Q1 Results Highlights: Net Profit Rises 6% on Lower Provisions"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]Tamilnad Mercantile Bank Ltd [NSE: TMB] announced its Q1 FY26 results on Thursday, 24th July 2025. The bank reported a modest increase in net profit supported by sharply lower provisions, even as operating profit declined compared to the previous year.<\/span>\u00a0<\/span><\/p>\n

For Q1 FY26, the bank\u2019s net profit stood at \u20b9305 crore, marking a 6% year-on-year increase compared to \u20b9287 crore in Q1 FY25. However, operating profit dropped by 12% YoY, falling to \u20b9412 crore from \u20b9469 crore in the same period last year.<\/span>\u00a0<\/span><\/p>\n

<\/span>Key Financial Results for Tamilnad Mercantile Bank Ltd Q1 FY26:<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n\n\n\n\n\n\n
Particulars<\/span><\/b>\u00a0<\/span><\/td>\nQ1 FY26<\/span><\/b>\u00a0<\/span><\/td>\nQ4 FY25<\/span><\/b>\u00a0<\/span><\/td>\nQ1 FY25<\/span><\/b>\u00a0<\/span><\/td>\nYoY Growth (%)<\/span><\/b>\u00a0<\/span><\/td>\nQoQ Growth (%)<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
Total Income (Cr)<\/span>\u00a0<\/span><\/td>\n1,617.5<\/span>\u00a0<\/span><\/td>\n1,542.1<\/span>\u00a0<\/span><\/td>\n1,514.9<\/span>\u00a0<\/span><\/td>\n6.8<\/span>\u00a0<\/span><\/td>\n4.9<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Net Profit (Cr)<\/span>\u00a0<\/span><\/td>\n305.0<\/span>\u00a0<\/span><\/td>\n291.9<\/span>\u00a0<\/span><\/td>\n287.3<\/span>\u00a0<\/span><\/td>\n6.2<\/span>\u00a0<\/span><\/td>\n4.5<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
EPS (\u20b9)<\/span>\u00a0<\/span><\/td>\n19.3<\/span>\u00a0<\/span><\/td>\n18.4<\/span>\u00a0<\/span><\/td>\n18.1<\/span>\u00a0<\/span><\/td>\n6.6<\/span>\u00a0<\/span><\/td>\n4.9<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/h2>\n

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<\/span>Important Updates from Tamilnad Mercantile Bank\u2019s Latest Financial Results<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

<\/span>Net Profit Growth Driven by Lower Provisions<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n

Tamilnad Mercantile Bank posted a 6% YoY rise in net profit to \u20b9305 crore, supported by sharply lower provisions and contingencies, which dropped to \u20b98.3 crore from \u20b985.4 crore in Q1 FY25.<\/span>\u00a0<\/span><\/p>\n

<\/span>Decline in Operating Profit<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n

Operating profit fell 12% YoY, declining to \u20b9412 crore compared to \u20b9469 crore in Q1 FY25.<\/span>\u00a0<\/span><\/p>\n

<\/span>Marginal Increase in Net Interest Income<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n

The bank\u2019s net interest income (NII) rose slightly to \u20b9579 crore, up by \u20b913 crore from \u20b9566 crore in Q1 FY25.<\/span>\u00a0<\/span><\/p>\n

<\/span>Other Income Slightly Lower<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n

Other income stood at \u20b9231 crore, compared to \u20b9234 crore in the same quarter last year.<\/span>\u00a0<\/span><\/p>\n

<\/span>Improved Asset Quality<\/span><\/b>\u00a0<\/span><\/span><\/h3>\n

Gross non-performing assets (GNPA) ratio improved to 1.22%, down from 1.44% a year ago, reflecting stronger asset quality.<\/span>\u00a0<\/span><\/p>\n

<\/span>Looking Ahead<\/span><\/b>\u00a0<\/span><\/span><\/h2>\n

Tamilnad Mercantile Bank aims to maintain its steady growth while ensuring prudent credit risk management and strong asset quality.<\/span>\u00a0<\/span><\/p>\n

With better asset quality and stable earnings, Tamilnad Mercantile Bank Ltd continues to be a significant player in the <\/span>banking sector stocks<\/span><\/a> category. <\/span>\u00a0<\/span><\/p>\n

To stay updated with daily <\/span>financial results<\/span><\/a>, market insights, and developments, make sure to follow Torus Digital!<\/span>\u00a0<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_id=”share_rating”][vc_column_inner width=”1\/2″][vc_column_text css=””]<\/p>\n

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Investors can keep track of the <\/span>Tamilnad Mercantile Bank share price<\/span><\/a> to follow the bank\u2019s stock performance.\u00a0<\/span>\u00a0<\/span><\/p>\n