Tamilnad Mercantile Bank Q4 Net Profit Rises 28% YoY

Tamilnad Mercantile Bank reported a 28.01% YoY rise in Q4 net profit to INR373.65 crores, exceeding its own guidance.
The bank achieved a 20.32% advance growth and a 14.94% deposit growth, with GNPA improving to a decade-low of 0.73%.
Management provided FY27 guidance targeting 16% deposit growth and 20% advances growth, focusing on MSME expansion.
A transcript of the earnings conference call for Q4 and FY26 results was filed with the exchanges and made available on the bank's website.