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Tamilnad Mercantile - Quaterly Results

22 Apr 2024 Evaluate
The company witnessed a 17.16% growth in the revenue at Rs. 12537.10 millions for the quarter ended March 2024 as compared to Rs. 10700.80 millions during the year-ago period.A meek growth of 0.00% was reported for the quarter ended March 2024 to Rs. 2530.60  millions from Rs. 2530.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 12537.10 10700.80 17.16 48479.10 40810.40 18.79 48479.10 40810.40 18.79
Other Income 1639.00 1839.30 -10.89 6449.40 6291.10 2.52 6449.40 6291.10 2.52
Interest Expended 6866.60 5428.00 26.50 26970.20 19869.20 35.74 26970.20 19869.20 35.74
Operating Expenses 3644.00 3644.00 18.77 13140.50 11503.90 14.23 13140.50 11503.90 14.23
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 235.40 571.80 -58.83 882.00 1792.00 -50.78 882.00 1792.00 -50.78
Tax 899.50 941.80 -4.49 3215.50 3643.80 -11.75 3215.50 3643.80 -11.75
PAT 2530.60 2530.50 0.00 10720.30 10292.60 4.16 10720.30 10292.60 4.16
Equity 1583.50 1583.50 0.00 1583.50 1583.50 0.00 1583.50 1583.50 0.00
OPM 29.24 37.79 -22.64 30.57 38.54 -20.69 30.57 38.54 -20.69
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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