Tamilnad Mercantiile Bank, for the quarter ended June 30, 2025, recorded an increase of 6.0 percent year-on-year in the net profit, stating a net profit of ₹ 30.48 crore. The total income of the bank for the quarter was ₹ 161.74 crore. The Indian standard started at 03:00 pm on July 25, 2025 and these results were approved in the board meeting which ended at 06:00 pm.
| Details | Q1 FY26 | Q4 FY25 | Yoy change | Q1 FY25 |
|---|---|---|---|---|
| Income from interest | 138,624 | 134,168 | 8.2 percent | 128,115 |
| Other income | 23,123 | 20,038 | -1.0 percent | 23,372 |
| Total income | 161,747 | 154,206 | 6.8 percent | 151,487 |
| interest expense | 80,669 | 77,377 | 12.9 percent | 71,459 |
| Operational expenses | 39,852 | 36,429 | 20.2 percent | 33,144 |
| Total expenditure (except for provisions and contingencies) | 120,521 | 113,806 | 15.2 percent | 104,603 |
| Operational benefits (benefits before provisions and contingencies) | 41,226 | 40,400 | -12.1 percent | 46,884 |
| Provisions and contingency expenditure | 834 | 1,722 | -90.2 percent | 8,544 |
| Benefits of general activities before tax | 40,392 | 38,678 | 5.3 percent | 38,340 |
| Tax expenses | 9,903 | 9,488 | 3.0 percent | 9,611 |
| Net profit from general activities after tax | 30,489 | 29,190 | 6.1 percent | 28,729 |
financial performance
For the quarter ended June 30, 2025, Tamilnad Mercantiile Bank recorded a net profit of ₹ 30.48 crore, compared to ₹ 28.72 crore for the quarter ended June 30, 2024, which shows an increase of 6.0 percent. The total income increased from ₹ 151.48 crore to ₹ 161.74 crore during the same period last year. Income from interest increased from ₹ 128,115 lakh to ₹ 138,624 lakh.
Segment reporting
The segment revenue of ₹ 35,455 lakh for the quarter ended June 30, 2025, ₹ 14,666 lakh of corporate/wholesale banking and ₹ 111,626 lakh for retail banking. The segment of the Treasury was ₹ 10,873 lakh, corporate/wholesale banking had ₹ 3,428 lakh and Retail Banking was ₹ 26,091 lakh.
Balance sheet
By June 30, 2025, the total assets of the bank were ₹ 6,747,792 lakhs, while by June 30, 2024 it was ₹ 6,267,079 lakhs. The deposit reached ₹ 5,380,320 lakh and the advanced ₹ 4,473,257 lakhs. Capital Edicweissance Ratio (CAR) under Basal III was 31.55 percent.
Asset quality
By June 30, 2025, the gross NPA was ₹ 54,912 lakh and NET NPA ₹ 14,737 lakh. The percentage of gross NPA was 1.22 percent, while NET NPA was 0.33 percent.
Additional Notes
The financial results have been reviewed by the Audit Committee and it has been approved by the Board of Directors. The results have been limited to a limited review by the joint statutory central auditors who have issued opinions without any amendment. The bank has a provision of ₹ 25000 lakh to deal with any emergency arising from the Covid-19 epidemic.