Thoothukudi-headquartered Tamilnad Mercantile Bank (TMB) reported a 28% year on year (YoY) growth in net profit for the quarter ended March 2026 (Q4FY26) at ₹374 crore as against ₹292 crore during the same period last year. The annual net profit increased by 13.1% to ₹1,337.55 crore for the year ended March 2026 when compared to previous year. The bank recorded ₹1,182.61 crore in annual net profit for the year ending March 2025.

Salee S. Nair, MD & CEO, Tamilnad Mercantile Bank Ltd said, “Our Q4 FY26 performance marks a defining quarter for the bank, delivering our highest-ever quarterly profitability and reflecting the strength of our core operating model.” “This outcome is a result of consistent execution, a balanced growth strategy and our ability to stay focused on fundamentals amid a dynamic external environment,” he added.

The bank said that its MSME franchise continued to demonstrate resilience during the quarter. “Irrespective of external headwinds, credit demand from MSMEs remained stable and our lending momentum in this segment was unaffected, supported by our deep relationships across trade and manufacturing clusters,” the bank said.