Tamilnad Mercantile Bank Reports 35% Q1 Profit Increase to Rs 412 Crore

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finance

27 July 2026 at 7:20 pm

Tamilnad Mercantile Bank Reports 35% Q1 Profit Increase to Rs 412 Crore

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Summary

Tamilnad Mercantile Bank reported a 35% increase in net profit to Rs 412 crore for the June quarter, driven by strong income growth, improved margins, and robust asset quality.

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