Tamilnad Mercantile Bank Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Tamilnad Mercantile Bank has announced a board meeting where it cleared the financial results for the quarter ended June 30, 2025. The bank reported a net profit of ₹304.89 Cr, up from ₹287.29 Cr in the same quarter last year. Asset quality showed improvement with Gross Non-Performing Assets (NPAs) decreasing to 1.22% and Net NPAs falling to 0.33%. Deposits grew to ₹53,803.20 Cr, while advances stood at ₹44,732.57 Cr. The Capital Adequacy Ratio remains robust at 31.55%.