Tamilnad Mercantile Bank Q1 net crosses ₹400 crore for the first time
Tamilnad Mercantile Bank Ltd (TMB) reported a net profit of ₹411.51 crore for Q1 2026, marking a 34.97% year-on-year increase and the highest in its history. The bank's Net Interest Income rose to ₹765.08 crore, up 32.01% from ₹579.55 crore a year earlier. This milestone signifies TMB's strong financial performance and growth trajectory in the banking sector.