Tamilnad Mercantile Bank Posts Net Profit of 41,151 Lakhs for Quarter Ended June 30, 2026

Tamilnad Mercantile Bank Posts Net Profit of 41,151 Lakhs for Quarter Ended June 30, 2026​

Tamilnad Mercantile Bank Limited (TMB) has released its Unaudited Financial Results for the quarter ended June 30, 2026. The bank reported a net profit of 41,151 Lakhs, driven by robust total income and maintained strong asset quality metrics across various parameters during the review period.

The results reflect operational performance across several key financial indicators. Total income for the quarter stood at 190,079 Lakhs (₹ in Lakhs). This figure includes 137,159 Lakhs from interest/discount on advances/bills and 27,780 Lakhs from income on investments. The bank reported total expenditure of 128,972 Lakhs for the quarter.

The bank generated an Operating Profit (before provisions and contingencies) of 61,107 Lakhs, which translates to a Net Profit for the period of 41,151 Lakhs. These figures compare against results from previous periods in the financial year ending March 31, 2026, and the quarter ended June 30, 2025.

Financial Performance Snapshot​

The table below provides a detailed look at TMB's income and expenditure for the quarter ended June 30, 2026, alongside comparable data from previous periods.

Asset Quality and Capital Adequacy Ratios​

Regarding asset quality, the bank reported Gross NPA at 39,808 Lakhs, which represents 0.69% of gross NPAs. Net NPA was recorded at 9,800 Lakhs, corresponding to 0.17% of net NPAs. The Return on Assets (RoA) stood at 2.14%.

The bank's capital strength indicators were as follows for the quarter ended June 30, 2026:


The bank also reported the following operational metrics for the quarter:

• Operating Margin: 32.15%
• Net Profit Margin: 21.65%

Balance Sheet Highlights​

As of June 30, 2026, the bank's total liabilities stood at 7,978,605 Lakhs, with capital and reserves reaching 1,040,367 Lakhs. Total assets were recorded at 7,978,605 Lakhs.

Key components of the balance sheet include:

• Advances: 5,704,050 Lakhs
• Investments: 1,620,227 Lakhs
• Deposits: 6,440,869 Lakhs

Segment Reporting​

The bank's business operations were reported across several segments. Retail Banking accounted for significant revenue at 142,187 Lakhs in the quarter ended June 30, 2026, making up a large portion of the total income. Net Profit after Tax for the retail banking segment was 44,277 Lakhs.


The bank also confirmed that it has not transferred or acquired any stressed loans during the period. Furthermore, a status report showed zero unresolved investor complaints at the end of the quarter, having received and resolved two complaints in the period.

TMB Stock Price Movement​

As of 1:58 PM, shares of Tamilnad Mercantile Bank Limited are gaining momentum in live trading, currently at ₹818.8 after rising by 1.78%. The equity continues to move strongly within its range, marking a major milestone as it hits its 52-week HIGH amidst heavy volume, with 305,352 shares traded today.