Quarterly Result5 Feb 2026, 02:21 am
Tamilnad Mercantile Bank Q3 FY26 Performance: 14.28% YoY Growth in Total Business, 12.53% YoY Growth in Deposits, 16.30% YoY Growth in Advances
AI Summary
Tamilnad Mercantile Bank Ltd, one of the renowned Old Private Sector Banks, has reported its unaudited financial results for the quarter ended December 31, 2025. The bank has reported a 14.28% YoY growth in total business, 12.53% YoY growth in deposits, and 16.30% YoY growth in advances. The bank's CASA has also increased by 14.94% YoY. The bank's net profit has surged by 14% and net NPA has decreased by 21 bps. The bank has also opened 12 new branches during the quarter.
Key Highlights
- 14.28% YoY growth in total business
- 12.53% YoY growth in deposits
- 16.30% YoY growth in advances
- 14.94% YoY growth in CASA
- 14% YoY growth in net profit
- 21 bps decrease in net NPA
- 12 new branches opened during the quarter