Results     24-Apr-23
Announcements
Tamilnad Mercantile Bank standalone net profit rises 11.50% in the March 2023 quarter
Total Operating Income rise 8.47% to Rs 1070.08 crore
Net profit of Tamilnad Mercantile Bank rose 11.50% to Rs 253.05 crore in the quarter ended March 2023 as against Rs 226.95 crore during the previous quarter ended March 2022. Total Operating Income rose 8.47% to Rs 1070.08 crore in the quarter ended March 2023 as against Rs 986.49 crore during the previous quarter ended March 2022.

For the full year,net profit rose 25.23% to Rs 1029.26 crore in the year ended March 2023 as against Rs 821.91 crore during the previous year ended March 2022. Total Operating Income rose 6.45% to Rs 4081.04 crore in the year ended March 2023 as against Rs 3833.86 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Total Operating Income1070.08986.49 8 4081.043833.86 6
OPM %65.9957.23 -67.4260.80 -
PBDT347.23279.94 24 1393.641056.80 32
PBT347.23279.94 24 1393.641056.80 32
NP253.05226.95 12 1029.26821.91 25

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