Tamilnad Mercantile - Quaterly Results

The revenue zoomed 8.29% to Rs. 13310.20 millions for the quarter ended December 2024 as compared to Rs. 12291.50 millions during the corresponding quarter last year.Profit saw a slight increase of 5.63%to Rs. 3002.40  millions from Rs. 2842.30 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202412	202312	% Var	202412	202312	% Var	202403	202303	% Var
Interest Earned	13310.20	12291.50	8.29	39495.80	35942.00	9.89	48479.10	40810.40	18.79
Other Income	1889.20	1579.80	19.58	6501.10	4810.40	35.15	6449.40	6291.10	2.52
Interest Expended	7606.30	6921.20	9.90	22165.70	20103.60	10.26	26970.20	19869.20	35.74
Operating Expenses	3516.10	3516.10	8.25	10413.80	9496.50	9.66	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	32.60	23.70	37.55	1536.30	646.60	137.60	882.00	1792.00	-50.78
Tax	1042.00	836.00	24.64	2974.00	2316.00	28.41	3215.50	3643.80	-11.75
PAT	3002.40	2842.30	5.63	8907.10	8189.70	8.76	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	30.63	30.12	1.70	33.97	31.03	9.49	30.57	38.54	-20.69