Tamilnad Mercantile Bank Q3 Profit Jumps 14% to Rs 342 Crore

• Tamilnad Mercantile Bank reported a 14% increase in profit, reaching Rs 342 crore for the December quarter.
• The bank's total income rose to Rs 1,665 crore, up from Rs 1,520 crore in the previous year.
• Net interest income for Q3FY26 saw an increase to Rs 646 crore from Rs 570 crore.
• Gross non-performing assets (NPAs) moderated to 0.91%, while net NPAs eased to 0.2%.
• Capital adequacy ratio improved to 30.08% by December 2025, compared to 29.35% a year prior.