Tamilnad Mercantile Bank's Net Profit Rises in Fiscal Q3; Shares Up 3%

MT Newswires Live

02/04

Tamilnad Mercantile Bank's (NSE:TMB, BOM:543596) net profit grew to 3.42 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2025, from 3.00 billion rupees a year ago.

Earnings per share came in at 21.57 rupees from 18.96 rupees a year earlier, the bank said in a filing to the Indian stock exchanges on Wednesday.

Interest earned by the lender in fiscal Q3 also increased to 14.7 billion rupees from 13.3 billion rupees a year ago.

The bank's shares were up nearly 3% in recent trade.

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