TMB Q2 FY27 Net Profit Jumps 42% to ₹451 Crore; Total Income Rises 27%
Tamilnad Mercantile Bank Limited reported a 42% year-on-year increase in net profit for Q2 FY27, reaching ₹451 crore. Total income grew by 27% to ₹2,052 crore. The bank's Capital Adequacy Ratio stood at 32.39%, and EPS was ₹28.49 for the quarter.
The substantial year-on-year growth in net profit and revenue, coupled with robust financial metrics like Capital Adequacy Ratio and EPS, has a high impact on the company's financial health and investor perception.
The bank reported a significant increase in net profit and total income, along with strong capital adequacy ratios and improved EPS, indicating positive financial performance.
Tamilnad Mercantile Bank Limited (TMB) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results in a meeting held on October 26, 2026.
For the quarter ended September 30, 2026, the bank reported a Net Profit of ₹45,114 lakhs (₹451.14 crore), a significant increase of 42% compared to ₹31,751 lakhs (₹317.51 crore) in the same quarter of the previous year. Total Income for the quarter stood at ₹205,240 lakhs (₹2,052.40 crore), up by 27% from ₹162,146 lakhs (₹1,621.46 crore) in the corresponding period last year. Interest earned grew to ₹182,016 lakhs from ₹141,339 lakhs, while other income was ₹23,224 lakhs compared to ₹20,807 lakhs.
Interest expended increased to ₹101,299 lakhs from ₹81,626 lakhs. Operating expenses were ₹39,786 lakhs, and provisions (other than tax) and contingencies amounted to ₹3,342 lakhs. Profit from ordinary activities before tax for the quarter was ₹60,813 lakhs, with a tax expense of ₹15,699 lakhs.
The bank's Capital Adequacy Ratio under Basel III stood at 32.39% for the quarter ended September 30, 2026, with a Common Equity Tier 1 (CET-1) ratio of 31.36%. Basic Earnings Per Share (EPS) for the quarter was ₹28.49, compared to ₹20.05 in the previous year. Gross NPA was reported at 0.61% and Net NPA at 0.14%.
For the half-year ended September 30, 2026, Net Profit was ₹86,265 lakhs (₹862.65 crore), a 39% increase from ₹62,240 lakhs (₹622.40 crore) in the same period last year. Total Income for the half-year was ₹395,319 lakhs (₹3,953.19 crore), up from ₹323,893 lakhs (₹3,238.93 crore). Basic EPS for the half-year was ₹54.48, compared to ₹39.31 in the previous year.
What to do with a filing like this
Tamilnad Mercantile Bank Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Tamilnad Mercantile Bank Limited. Read the original for the full detail.