Tamilnad Mercantile Bank FY26 Net Profit Up 13.1%

Tamilnad Mercantile Bank reported FY26 net profit of ₹1,337.55 crore, up 13.1% YoY, with a final dividend recommendation of ₹12.50 per share.
The bank maintained strong asset quality with Gross NPA at 0.73% and Net NPA at 0.18% as of March 31, 2026.
Auditors issued an unmodified opinion on financial results but highlighted ongoing FEMA penalty provisions totaling ₹1,926 lakhs.