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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Q2 FY27 Net Profit Rises to Rs. 45,114 Lakhs

RESULTS ▲ Positive Development LOW RISK
📅 Filed on BSE: 26 Oct 2026, 01:57 PM IST  ·  BSE ID: ca5a6ece-020d-4373-a439-6494eaca46df
View Original BSE Filing (PDF)
💡
In Simple Terms
Tamilnad Mercantile Bank's profit grew in the latest quarter and half-year, while its bad loans percentage decreased.
🤖 AI Summary
  • Net Profit for the quarter ended September 30, 2026, increased to Rs. 45,114 Lakhs.
  • Interest earned for Q2 FY27 stood at Rs. 182,016 Lakhs, up from Rs. 141,339 Lakhs YoY.
  • Half-year Net Profit ended September 30, 2026, was Rs. 86,265 Lakhs.
  • Gross NPA reduced to 0.61% and Net NPA to 0.14% as of September 30, 2026.
  • Total Capital Adequacy Ratio (Basel III) reported at 32.39% for Q2 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for Q2 FY27
Rs. 45,114 Lakhs
42.09%
Interest earned for Q2 FY27
Rs. 182,016 Lakhs
28.78%
Net Profit for Half Year FY27
Rs. 86,265 Lakhs
38.60%
Gross NPA % as of Sep 30, 2026
0.61%
Net NPA % as of Sep 30, 2026
0.14%
Capital Adequacy Ratio (Basel III)
32.39%
🏢 How This Affects the Company
📈
Business Impact
The bank's total income increased, driven by higher interest earned from advances and investments, indicating growth in core banking operations.
💰
Financial Impact
Net Profit after tax increased by 42.09% year-over-year for the quarter, and by 38.60% for the half-year, positively impacting earnings. Improved asset quality with lower Gross and Net NPA percentages reduces future provisioning needs.
⚙️
Operational Impact
Operating expenses increased from Rs. 35,277 Lakhs to Rs. 39,786 Lakhs for the quarter, reflecting ongoing operational activities and costs.
⚠️
Risk Impact
The reduction in Gross NPA to 0.61% and Net NPA to 0.14% indicates improved asset quality, decreasing credit risk exposure for the bank.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the bank's improved financial performance, with Basic EPS increasing to Rs. 28.49 for Q2 FY27 and Rs. 54.48 for the half-year FY27.
🔍
Management Signal
The financial results indicate management's focus on profitability and asset quality improvement, with a reported Capital Adequacy Ratio (Basel III) of 32.39%.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — monitor profit and asset quality trends.
Updates on Provisions and Contingencies — track for any significant changes.
Deposit and Advance growth rates in upcoming reports.
LOW RISK Improved asset quality and robust capital adequacy ratio indicate lower immediate financial risks.
💡 Investor Takeaway
Tamilnad Mercantile Bank reported Q2 FY27 Net Profit of Rs. 45,114 Lakhs, a 42.09% increase from Rs. 31,751 Lakhs in Q2 FY26. Half-year net profit rose 38.60% to Rs. 86,265 Lakhs. Asset quality improved with Gross NPA at 0.61% and Net NPA at 0.14% as of September 30, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Net Profit after tax increased 42.09% YoY to Rs. 45,114 Lakhs for Q2 FY27 from Rs. 31,751 Lakhs in Q2 FY26.
  • Gross NPA reduced to 0.61% as of September 30, 2026, from 1.01% as of September 30, 2025, indicating improved asset quality.

⚠️ Concerns

  • Provisions (other than tax) and contingencies increased to Rs. 8,735 Lakhs for the half-year, up from Rs. 2,835 Lakhs YoY.
  • Net Cash Flow from Operating Activities was (187,935) Lakhs for the half-year ended September 30, 2026.
📅 Company Track Record
Tamilnad Mercantile Bank's Q1 FY27 net profit increased 34.97% YoY to ₹411.51 crore (₹41,151 Lakhs). This latest Q2 FY27 filing continues a trend of profit growth, with Net Profit rising to Rs. 45,114 Lakhs, and a consistent improvement in asset quality metrics.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Tamilnad Mercantile Bank's net profit in Q2 FY27?
Tamilnad Mercantile Bank's Net Profit after tax for the quarter ended September 30, 2026, was Rs. 45,114 Lakhs, an increase of 42.09% from Rs. 31,751 Lakhs in Q2 FY26.
What was the Gross NPA percentage for Tamilnad Mercantile Bank as of September 30, 2026?
The Gross NPA percentage for Tamilnad Mercantile Bank was 0.61% as of September 30, 2026, down from 1.01% as of September 30, 2025.
What is Tamilnad Mercantile Bank's Capital Adequacy Ratio under Basel III as of Q2 FY27?
Tamilnad Mercantile Bank's Capital Adequacy Ratio (Basel III) was reported at 32.39% as of September 30, 2026.
What was Tamilnad Mercantile Bank's interest earned in Q2 FY27?
Interest earned by Tamilnad Mercantile Bank for the quarter ended September 30, 2026, was Rs. 182,016 Lakhs, compared to Rs. 141,339 Lakhs in the same quarter last year.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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