Net interest income (NII) was up 2.3%, coming at ₹580 crore against ₹567 crore a year ago. Shares of Tamilnad Mercantile Bank Ltd ended at ₹456.60, down by ₹3.70 or 0.80%, on the BSE.
Private sector Tamilnad Mercantile Bank Ltd on Friday (July 25) reported a 6.2% year-on-year increase in net profit at ₹305 crore for the first quarter that ended June, 2025, compared to ₹287 crore in Q1FY25.
Net interest income (NII) was up 2.3%, coming at ₹580 crore against ₹567 crore a year ago.
Also Read: Tamilnad Mercantile Bank Q4 Results | Net profit up 15% to ₹292 crore; NII flat
Gross non-performing assets (GNPA) stood at 1.22% in the June quarter against 1.25% in the March quarter. Net NPA came at 0.33% against 0.36% quarter-on-quarter.
The results came after the close of the market hours. Shares of Tamilnad Mercantile Bank Ltd ended at ₹456.60, down by ₹3.70 or 0.80%, on the BSE.
Also Read: Tamilnad Mercantile Bank Q1 advances up 10.4%, total business nears ₹99,000 cr
(Edited by : Shoma Bhattacharjee)
First Published: Jul 25, 2025 7:33 PM IST
