Tamilnad Mercantile Bank Limited — Investor Meet, 07-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
07-02-2026 | 04:04 pm
07-02-2026 | 04:04 pm
TMBank smashed Q3 FY26 targets! Total business up 14.28% and advances 16.30% YoY. Net Profit soared to a record `341.50 Cr`, with ROA at 1.97%. Asset quality shines: GNPA 0.91%, Net NPA 0.20%. Management is confident for 16%+ advances in FY26. Digital push, 36 new branches opened, and strong MSME growth are key drivers. Regarding the `1,037 Cr` ED show cause notice, the bank's maximum financial impact is `2 lakh` (fully provided). Management states "Best is yet to come," focused on disciplined growth and strategic transformation. #TMBank #Earnings
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