Results     07-May-12
Announcements
Tamilnad Mercantile Bank net profit rises 66.01% in the March 2012 quarter
Operating income rises 39.00% to Rs 533.59 crore
Net profit of Tamilnad Mercantile Bank rose 66.01% to Rs 120.09 crore in the quarter ended March 2012 as against Rs 72.34 crore during the previous quarter ended March 2011. Total operating income rose 39.00% to Rs 533.59 crore in the quarter ended March 2012 as against Rs 383.89 crore during the previous quarter ended March 2011.

For the audited full year, net profit rose 24.93% to Rs 313.46 crore in the year ended March 2012 as against Rs 250.90 crore during the previous year ended March 2011. Total operating income rose 37.30% to Rs 1882.40 crore in the year ended March 2012 as against Rs 1371.04 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales533.59383.89 39 1882.401371.04 37
OPM %78.3370.31 11 76.2873.76 3
PBDT149.26105.07 42 435.51372.45 17
PBT149.26105.07 42 435.51372.45 17
NP120.0972.34 66 313.46250.90 25

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