Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank has revised the Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank with effect from 07 February 2026 as under: Overnight MCLR - 7.55% One month MCLR - 7.55% Three month MCLR- 8.25% Six month MCLR - 8.80% One year MCLR - 9.25% Powered by Capital Market - Live

Net interest income (NII) rose 13.3% YoY to Rs 646.14 crore in Q3 FY26, while net interest margin (NIM) stood at 4.04% for the quarter ended 31 December 2025. Operating profit (OP) increased 14.8% YoY to Rs 468.22 crore in Q3 FY26, up from Rs 407.71 crore in Q3 FY25. On the asset quality front, gross non-performing assets (NPAs) amounted to Rs 474.45 crore as of 31 December 2025 as against Rs 584.45 crore as of 31 December 2024. The gross NPA ratio was 0.91% as of 31 December 2025 as against 1.32% as of 31 December 2024. The net NPA ratio was 0.20% as of 31 December 2025, as against 0.41% as of 31 December 2024. Total deposits of the bank stood at Rs 56,707 crore as of 31 December 2025, recording a growth of 12.53% YoY. Gross advances of the bank stood at Rs 50,763 crore as of 31 December 2025, up by 16.30% YoY. CASA deposits rose 14.93% year-on-year to Rs 15,847 crore, reflecting stable granular funding. Provision coverage ratio (PCR) stood at 96.08% as of 31 December 2025. CRAR stood at 30.08 as of 31 December 2025, as against 29.35% as of 31 December 2024. Tamilnad Mercantile Bank is one of the renowned old private sector banks. Shares of Tamilnad Mercantile Bank rose 4.60% to close at Rs 624.90 on the BSE.Powered by Capital Market - Live

Net profit of Tamilnad Mercantile Bank rose 13.74% to Rs 341.50 crore in the quarter ended December 2025 as against Rs 300.24 crore during the previous quarter ended December 2024. Total Operating Income rose 10.40% to Rs 1469.41 crore in the quarter ended December 2025 as against Rs 1331.02 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income1469.411331.02 10 OPM %74.4573.34 - PBDT466.74404.44 15 PBT466.74404.44 15 NP341.50300.24 14 Powered by Capital Market - Live

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 4 February 2026.Powered by Capital Market - Live

The key benchmark indices traded with strong gains in mid-afternoon trade, as the Nifty traded above the 26,300 level. Market sentiment remained upbeat, supported by optimism over robust monthly auto sales data and sustained buying interest. Metal stocks continued their rally for a fourth consecutive trading session. At 14:25 IST, the barometer index, the S&P BSE Sensex advanced 491.58 points or 0.58% to 85,683.42. The Nifty 50 index gained 163.70 points or 0.63% to 26,310.25. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.86% and the S&P BSE Small-Cap index jumped 0.72%. The market breadth was strong. On the BSE, 2,653 shares rose and 1,466 shares fell. A total of 183 shares were unchanged. Buzzing Index: The Nifty Metal index added 1.09% to 11,378.75. The index jumped 5.47% for the four consecutive trading sessions. National Aluminium Company (up 3.97%), Hindalco Industries (up 3.06%), Hindustan Copper (up 2.31%), Hindustan Zinc (up 2%), Vedanta (up 1.76%), Welspun Corp (up 0.84%), NMDC (up 0.74%), Adani Enterprises (up 0.58%), Jindal Steel (up 0.54%) and JSW Steel (up 0.4%) surged. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.40% to 6.607 as compared with the previous close of 6.581. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 90.2200 compared with its close of 89.9850 during the previous trading session. MCX Gold futures for 5 February 2026 settlement advanced 0.85% to Rs 136,962. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.13% to 98.41. The United States 10-year bond yield rose 0.31% to 4.163. In the commodities market, Brent crude for February 2025 settlement added 18 cents or 0.30% to $61.03 a barrel. Stocks in Spotlight: Tamilnad Mercantile Bank rose 2.27% after the company's total advances jumped 16.30% to Rs 50,763 crore as of 31 December 2025 compared with Rs 43,650 crore as of 31 December 2024. Zota Health Care advanced 1.75% after the company announced significant expansion in its Davaindia store network, adding 276 new stores. The company's COCO segment opened 231 stores in Q3 FY26, taking the total number of COCO stores managed by wholly owned subsidiary Davaindia Health Mart to 1,207 as of 30 September 2025. Rama Steel Tubes rose 0.32%. The company said that it has registered a sales volume of 58,974.55 ton in Q3 FY26, which is higher by 14.1% as compared with the volume of 51,669.01 ton recorded in Q3 FY25.Powered by Capital Market - Live

Total deposits climbed 12.53% to Rs 56,707 crore as of 31 December 2025, as against Rs 50,392 crore as of 31 December 2024. As of 31 December 2025, total business stood at Rs 107,470 crore, registering a growth of 14.28% compared with Rs 94,042 crore as of 31 December 2024. CASA increased 14.93% to Rs 15,847 crore as of 31 December 2025, compared with Rs 13,788 crore as of 31 December 2024. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu). The bank's standalone net profit rose 4.7% to Rs 317.51 crore on a 3.6% increase in total income to Rs 1,621.46 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Net profit of Tamilnad Mercantile Bank rose 4.73% to Rs 317.51 crore in the quarter ended September 2025 as against Rs 303.18 crore during the previous quarter ended September 2024. Total Operating Income rose 5.68% to Rs 1413.39 crore in the quarter ended September 2025 as against Rs 1337.41 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Total Operating Income1413.391337.41 6 OPM %73.6368.35 - PBDT432.42400.27 8 PBT432.42400.27 8 NP317.51303.18 5 Powered by Capital Market - Live

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 27 October 2025.Powered by Capital Market - Live

Total advances climbed 10.49% to Rs 45,996 crore as on 30th September 2025 as against Rs 42,533 crore as on 30th September 2024. As on 30th September 2025, total business stood at Rs 1,02,417 crore, registering the growth of 11.47% compared with Rs 91,875 crore as on 30th September 2024. CASA increased 9.30% to Rs 15,163 crore as on 30th September 2025, compared with Rs 13,873 crore as on 30th September 2024. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu). The bank's standalone net profit rose 6.1% to Rs 304.89 crore on 6.8% increase in total income to Rs 1617.47 crore in Q1 June 2025 over Q1 June 2024. The counter rose 0.14% to end at Rs 425.10 on the BSE.Powered by Capital Market - Live

Net profit of Tamilnad Mercantile Bank rose 6.13% to Rs 304.89 crore in the quarter ended June 2025 as against Rs 287.29 crore during the previous quarter ended June 2024. Total Operating Income rose 8.20% to Rs 1386.24 crore in the quarter ended June 2025 as against Rs 1281.15 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Total Operating Income1386.241281.15 8 OPM %70.6567.46 - PBDT403.92383.40 5 PBT403.92383.40 5 NP304.89287.29 6 Powered by Capital Market - Live