TMB Q4 net surges 28% to ₹374 crore

Thoothukudi-headquartered Tamilnad Mercantile Bank (TMB) reported a 28% year on year (YoY) growth in net profit for the quarter ended March 2026 (Q4FY26) at ₹374 crore as against ₹292 crore during the same period last year. The annual net profit increased by 13.1% to ₹1,337.55 crore for the year ended March 2026 when compared to previous year. The bank recorded ₹1,182.61 crore in annual net profit for the year ending March 2025.Salee S. Nair, MD & CEO, Tamilnad Mercantile Bank Ltd said, “Our Q4 FY26 performance marks a defining quarter for the bank, delivering our highest-ever quarterly profitability and reflecting the strength of our core operating model.” “This outcome is a result of consistent execution, a balanced growth strategy and our ability to stay focused on fundamentals amid a…

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