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Thoothukudi-headquartered Tamilnad Mercantile Bank (TMB) reported a 28% twelvemonth connected twelvemonth (YoY) maturation successful nett net for the 4th ended March 2026 (Q4FY26) astatine ₹374 crore arsenic against ₹292 crore during the aforesaid play past year. The yearly nett net accrued by 13.1% to ₹1,337.55 crore for the twelvemonth ended March 2026 erstwhile compared to erstwhile year. The slope recorded ₹1,182.61 crore successful yearly nett net for the twelvemonth ending March 2025.
Salee S. Nair, MD & CEO, Tamilnad Mercantile Bank Ltd said, “Our Q4 FY26 show marks a defining 4th for the bank, delivering our highest-ever quarterly profitability and reflecting the spot of our halfway operating model.” “This result is simply a effect of accordant execution, a balanced maturation strategy and our quality to enactment focused connected fundamentals amid a dynamic outer environment,” helium added.
The slope said that its MSME franchise continued to show resilience during the quarter. “Irrespective of outer headwinds, recognition request from MSMEs remained unchangeable and our lending momentum successful this conception was unaffected, supported by our heavy relationships crossed commercialized and manufacturing clusters,” the slope said.
