{"id":156804,"date":"2023-11-28T09:03:28","date_gmt":"2023-11-28T14:03:28","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156804"},"modified":"2023-11-28T09:03:29","modified_gmt":"2023-11-28T14:03:29","slug":"tamilnad-mercantile-bank-ltd-q2fy24-5-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-ltd-q2fy24-5-rise-in-profits\/","title":{"rendered":"Tamilnad Mercantile Bank Ltd Q2FY24; 5% rise in Profits"},"content":{"rendered":"\n<p>Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Tamilnad Mercantile Bank Ltd reported Revenues for Q2FY24 of \u20b91,209.00 Crores up from \u20b9997.00 Crore year on year, a rise of 21.26%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b91,023.00 Crores up from \u20b9786.00 Crores year on year, a rise of 30.15%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9274.00 Crores up 4.58% from \u20b9262.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b917.27, up 4.29% from \u20b916.56 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367-839x1024.png\" alt=\"\" class=\"wp-image-156805\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-7.gif\" alt=\"\" class=\"wp-image-156786\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). Financial Results: Tamilnad Mercantile Bank Ltd reported Revenues for Q2FY24 of \u20b91,209.00 Crores up from \u20b9997.00 Crore year on year, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":156805,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[151,1792,9786],"class_list":["post-156804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-banking","tag-financial-services","tag-msme"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-367.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":160435,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-ltd-q4fy24-17-rise-in-revenue\/","url_meta":{"origin":156804,"position":0},"title":"Tamilnad Mercantile Bank Ltd Q4FY24; 17% rise in Revenue","author":"Chirag Gupta","date":"April 23, 2024","format":false,"excerpt":"Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). Financial Results: Tamilnad Mercantile Bank Ltd reported Revenues for Q4FY24 of \u20b91,254.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-25.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157901,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-ltd-q3fy24-1-rise-in-profits\/","url_meta":{"origin":156804,"position":1},"title":"Tamilnad Mercantile Bank Ltd Q3FY24; 1% rise in Profits","author":"Chirag Gupta","date":"January 22, 2024","format":false,"excerpt":"Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). Financial Results: Tamilnad Mercantile Bank Ltd reported Revenues for Q3FY24 of \u20b91,229.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-81.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149675,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-ltd-q1fy24-12-rise-in-profits\/","url_meta":{"origin":156804,"position":2},"title":"Tamilnad Mercantile Bank Ltd Q1FY24; 12% rise in Profits","author":"Chirag Gupta","date":"July 24, 2023","format":false,"excerpt":"Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). Financial Results: Tamilnad Mercantile Bank Ltd reported Revenues for Q1FY24 of \u20b91,156.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-156.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143986,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercentile-q4fy23-reults-out-revenue-rises-by-9\/","url_meta":{"origin":156804,"position":3},"title":"Tamilnad Mercentile Q4FY23 reults out; revenue rises by 9%","author":"Chirag Gupta","date":"April 24, 2023","format":false,"excerpt":"Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). Tamilnad Mercentile Bank reported Total Income for Q4 FY23 of \u20b91,070 Crore, up from \u20b9986\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":124923,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-what-to-expect-when-tamilnad-mercantile-bank-goes-public\/","url_meta":{"origin":156804,"position":4},"title":"IPO Alert: What to expect when Tamilnad Mercantile Bank goes public","author":"Nishadkishore","date":"September 24, 2021","format":false,"excerpt":"The banking sector in India contributes around 7.7% to the country\u2019s GDP. It is estimated that the value of total banking assets rose to around $2.52 trillion in fiscal 2020, which represents a CAGR of 2.25%. The banking sector witnessed a healthy deposit growth of 10% between fiscal 2015 and\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":179590,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-reports-q3-net-profit-of-303-18-crore-rupees\/","url_meta":{"origin":156804,"position":5},"title":"Tamilnad Mercantile Bank reports Q3 net profit of 303.18 crore rupees","author":"Staff Correspondent","date":"February 4, 2026","format":false,"excerpt":"Tamilnad Mercantile Bank (TMB) shares were trading at 425.50 INR on the National Stock Exchange at 12:45 PM IST on Thursday, representing a 0.85% decrease from the previous close. The bank, listed on both the BSE and NSE, recorded a total trading volume of 185,000 shares during the mid-day session.\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156804"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/156805"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}