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Orgo-Life the new way to the future Advertising by AdpathwayThe private sector lender had posted a net profit of ₹317 crore in the July-September quarter of the last fiscal 2025-26
 "Tamilnad Mercantile Bank")
Shares of Tamilnad Mercantile Bank were trading at ₹786.30, down 1.82 per cent over previous close on BSE.
Press Trust of India New Delhi
1 min read
Last Updated :
Oct 26 2026 | 2:53 PM
IST
Tamilnad Mercantile Bank on Monday reported a 42 per cent growth in net profit at ₹451 crore for the September quarter of FY27.
The private sector lender had posted a net profit of ₹317 crore in the July-September quarter of the last fiscal 2025-26.
Interest income of the bank rose 29 per cent to ₹1,820 crore during Q2 of FY27, from ₹1,413 crore in the same quarter of previous fiscal.
Gross non-performing assets (NPAs) declined to 0.61 per cent of gross advances during the September quarter, from 1.01 per cent in the corresponding quarter of FY26.
Shares of Tamilnad Mercantile Bank were trading at ₹786.30, down 1.82 per cent over previous close on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Oct 26 2026 | 2:53 PM IST
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