TMB Q2FY27: Net Profit Surges 42% to ₹451 Cr, Total Business Up 27%
Tamilnad Mercantile Bank Limited reported a record net profit of ₹451 crore for Q2FY27, up 42.09% YoY. Total business grew 27.25% YoY to ₹1,30,237 crore. Deposits increased 25.49% to ₹69,546 crore and gross advances rose 29.32% to ₹60,691 crore. ROE improved to 16.92% and Net NPA was 0.14%.
The announcement details significant financial results including record net profit and strong growth across key banking metrics. This information is highly material for investors and stakeholders, impacting the bank's valuation and market perception.
The bank reported record profits, significant growth in total business, deposits, and advances, along with an improvement in asset quality and key profitability ratios like ROE and Cost to Income. This indicates strong financial performance and positive operational efficiency.
Tamilnad Mercantile Bank Limited (TMB) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The bank reported a record net profit of ₹451 crore, a significant increase of 42.09% year-on-year (YoY). Total business grew by an impressive 27.25% YoY to ₹1,30,237 crore.
The bank's Net Interest Income (NII) also saw substantial growth, rising by 35.17% YoY to ₹807 crore. Operating profit increased by 41.80% YoY to ₹642 crore. Asset quality remained strong with Gross NPA at 0.61% and Net NPA at 0.14%, showing a YoY reduction.
Deposits grew by 25.49% YoY to ₹69,546 crore, while Gross Advances increased by 29.32% YoY to ₹60,691 crore. Retail, Agriculture, and MSME segments all contributed to the advance growth, with RAM (Retail, Agriculture, MSME) growing by 28.96% YoY.
Key performance indicators such as Return on Equity (ROE) improved to 16.92%, and Earnings Per Share (EPS) stood at ₹28.49 for the quarter. The Cost to Income ratio improved significantly to 38.28%, a decrease of 553 basis points YoY.
Capital Adequacy Ratio (CRAR) was robust at 32.39%. The bank also highlighted its digital transformation efforts, with digital channels accounting for 97.48% of transactions. The investor presentation also provided details on sector exposure, credit concentration, and future technology initiatives.
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.