TMB — Tamilnad Mercantile Bank Q1 net profit jumps 35% YoY to Rs 412 crore

Tamilnad Mercantile Bank posted strong results for the quarter ended June 30, 2026, with net profit rising 34.97% year-over-year to ₹412 crore. The bank's asset quality improved significantly, with gross non-performing assets (NPAs) falling to 0.69% from 1.22% a year earlier. Total advances grew by 27% to ₹57,306 crore, while deposits increased by nearly 20%.