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Tamilnad Mercantile - Quaterly Results

23 Jan 2023 Evaluate
The company witnessed a 5.50% growth in the revenue at Rs. 10121.20 millions for the quarter ended December 2022 as compared to Rs. 9594.00 millions during the year-ago period.Good  Net Profit growth of 37.86% reported above the corresponding previous quarter figure of Rs. 2028.80 millions to Rs. 2797.00 millioins.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 201203 201103 % Var
Interest Earned 10121.20 9594.00 5.50 57515.40 56251.30 2.25 18824.00 13710.40 37.30
Other Income 1607.60 2539.60 -36.70 8676.50 7937.40 9.31 2316.50 1883.40 23.00
Interest Expended 4778.50 5066.40 -5.68 31772.60 34432.90 -7.73 12320.20 8271.50 48.95
Operating Expenses 2902.30 2902.30 -5.03 14421.10 12368.10 16.60 3490.50 2980.30 17.12
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 329.20 1127.90 -70.81 2650.50 2957.20 -10.37 974.70 617.50 57.85
Tax 921.80 854.50 7.88 5039.20 4407.40 14.33 1220.50 1215.50 0.41
PAT 2797.00 2028.80 37.86 12308.50 10023.10 22.80 3134.60 2509.00 24.93
Equity 1583.50 1425.10 11.12 1583.50 1425.10 11.12 2.80 2.80 0.00
OPM 40.00 41.81 -4.34 34.77 30.91 12.49 28.31 31.67 -10.60
Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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