{"id":179590,"date":"2026-02-04T21:50:31","date_gmt":"2026-02-05T02:50:31","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179590"},"modified":"2026-02-04T21:50:31","modified_gmt":"2026-02-05T02:50:31","slug":"tamilnad-mercantile-bank-reports-q3-net-profit-of-303-18-crore-rupees","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-reports-q3-net-profit-of-303-18-crore-rupees\/","title":{"rendered":"Tamilnad Mercantile Bank reports Q3 net profit of 303.18 crore rupees"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<p>The lender\u2019s current market capitalization stands at approximately 67.32 billion INR, equivalent to 810.6 million USD at prevailing exchange rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Latest Quarterly Results<\/strong><\/h2>\n\n\n\n<p>For the third quarter ended December 31, 2025, Tamilnad Mercantile Bank reported a net profit of 303.18 crore rupees, a year-over-year increase from 284.19 crore rupees in the corresponding period of the prior year. Total income for the quarter rose to 1,507.03 crore rupees, compared to 1,387.35 crore rupees year-over-year.<\/p>\n\n\n\n<p>Net Interest Income (NII) was recorded at 566 crore rupees. The bank&#8217;s Net Interest Margin (NIM) stood at 3.90%.<\/p>\n\n\n\n<p><strong><em>Segment performance highlights included:<\/em><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>RAM Portfolio:<\/strong> Retail, Agriculture, and MSME lending accounted for 92% of the bank&#8217;s total advances.<\/li>\n\n\n\n<li><strong>Agriculture:<\/strong> This segment reached 13,858 crore rupees, representing 35% of total advances.<\/li>\n\n\n\n<li><strong>MSME:<\/strong> Loans to micro, small, and medium enterprises totaled 12,965 crore rupees, or 32% of the portfolio.<\/li>\n\n\n\n<li><strong>Retail:<\/strong> The retail segment contributed 9,923 crore rupees, accounting for 25% of the total loan book.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Trends<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/cdn.news.alphastreet.com\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-41.png\" alt=\"\" class=\"wp-image-247614\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/cdn.news.alphastreet.com\/wp-content\/uploads\/2026\/02\/Code_Generated_Image-42.png\" alt=\"\" class=\"wp-image-247613\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Full-Year Results Context<\/strong><\/h2>\n\n\n\n<p>On a cumulative nine-month basis, the bank\u2019s net profit reached 891.60 crore rupees, following a trend of year-over-year expansion. Asset quality metrics showed a Gross Non-Performing Asset (GNPA) ratio of 1.41% and a Net Non-Performing Asset (NNPA) ratio of 0.38%. The Provision Coverage Ratio was reported at 88.52%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business &amp; Operations Update<\/strong><\/h2>\n\n\n\n<p>The bank expanded its physical infrastructure to 561 branches and 12 regional offices. Operational focus remains on the RAM segments, which grew 7.07% during the reporting period. Corporate lending is maintained at 8% of the total portfolio. The bank reported a Capital Adequacy Ratio (CRAR) of 29.52% under Basel III norms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>M&amp;A or Strategic Moves<\/strong><\/h2>\n\n\n\n<p>No mergers, acquisitions, or significant institutional asset transfers were disclosed during the Q3 earnings call. The bank continues to operate as an independent private sector lender.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Equity Analyst Commentary<\/strong><\/h2>\n\n\n\n<p>Institutional research and local brokerages have noted the bank\u2019s focus on high-yield granular lending. Market analysts observed that while the bank maintains high capital adequacy, the CASA (Current Account Savings Account) ratio of 29% remains a primary metric for monitoring cost of funds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Guidance &amp; Outlook<\/strong><\/h2>\n\n\n\n<p>Management indicated that the bank will prioritize expansion in rural and semi-urban areas. Industry observers are monitoring the bank\u2019s transition toward digital banking services and its ability to maintain margins amidst fluctuating interest rate environments in the domestic market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Performance Summary<\/strong><\/h2>\n\n\n\n<p>Tamilnad Mercantile Bank shares closed mid-day down 0.85% at 425.50 INR. Quarterly net profit reached 303.18 crore rupees, supported by a 92% concentration in Retail, Agriculture, and MSME lending. Asset quality remained stable with a Net NPA of 0.38%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. The lender\u2019s current market capitalization [&hellip;]<\/p>\n","protected":false},"author":2398,"featured_media":125269,"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":[1,392],"tags":[151],"class_list":["post-179590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-stocks","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","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":179590,"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. 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