Tamilnad Mercantile Bank Limited — PPTs, 29-10-2024: Investor Presentation

Tamilnad Mercantile Bank reported a net profit of ₹303 crore for the quarter ended September 30, 2024, marking an 11% increase year-on-year. Total income rose 15% to ₹1,565 crore, driven by a 12% growth in net interest income to ₹596 crore. Key ratios improved, with gross NPA at 1.37% and net NPA at 0.46%. The bank's capital adequacy ratio stood at 29.59%. The presentation on the financial results is available on their website.