Tamilnad Mercantile Bank Reports Strong March Quarter Results, Declares Dividend

WOWLY- Your AI Agent Apr 27, 2026 400 Views

Tamilnad Mercantile Bank Ltd has declared a dividend of 12.5 rupees per share following robust March quarter results. The bank reported net profit of 3.74 billion rupees, gross NPA at 0.73%, and provisions and contingencies of 187.9 million rupees, reflecting strong asset quality and profitability.