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Tamilnad Mercantile Bank standalone net profit rises 37.86% in the December 2022 quarter

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Capital Market

Total Operating Income rise 5.50% to Rs 1012.12 crore

Net profit of Tamilnad Mercantile Bank rose 37.86% to Rs 279.70 crore in the quarter ended December 2022 as against Rs 202.88 crore during the previous quarter ended December 2021. Total Operating Income rose 5.50% to Rs 1012.12 crore in the quarter ended December 2022 as against Rs 959.40 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Total Operating Income1012.12959.40 5 OPM %68.0756.39 -PBDT371.88288.33 29 PBT371.88288.33 29 NP279.70202.88 38

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First Published: Jan 23 2023 | 1:01 PM IST

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