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Tamilnad Mercantile Bank reports 12% rise in Q4 net profit

24 Apr 2023 Evaluate

Tamilnad Mercantile Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Tamilnad Mercantile Bank has reported rise of 11.50% in its net profit at Rs 253.05 crore for the quarter under review as compared to Rs 226.95 crore for the same quarter in the previous year. Total income of the bank increased by 4.44% at Rs 1254.01 crore for Q4FY23 as compared to Rs 1200.66 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the bank has reported rise of 25.23% in its net profit at Rs 1029.26 crore as compared to Rs 821.91 crore for the previous year. Total income of the bank increased by 1.38% at Rs 4710.15 crore for year under review as compared to Rs 4646.12 crore for year ended March 31, 2022.

Tamilnad Mercantile Share Price

649.95 -18.55 (-2.77%)
23-Apr-2026 16:59 View Price Chart
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