Tamilnad Mercantile Bank Limited (NSE:TMB)

Tamilnad Mercantile Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	54,581	52,913	48,479	40,810	38,339	36,091
Interest Paid on Deposits	31,574	29,903	26,970	19,869	20,186	20,715
Net Interest Income	23,150	23,009	21,509	20,941	18,152	15,375
Net Interest Income Growth (YoY)	2.13%	6.98%	2.71%	15.36%	18.06%	16.52%
Gain (Loss) on Sale of Assets	5.27	5.27	2.04	1.31	0.16	1.76
Gain (Loss) on Sale of Investments	324.89	324.89	-31.02	-817.43	574.81	1,551
Other Non-Interest Income	7,956	8,175	6,478	7,107	7,548	4,891
Total Non-Interest Income	8,286	8,505	6,449	6,291	8,123	6,443
Non-Interest Income Growth (YoY)	5.81%	31.87%	2.52%	-22.55%	26.06%	22.40%
Revenues Before Loan Losses	31,436	31,514	27,958	27,232	26,275	21,819
Provision for Loan Losses	488.33	1,709	881.97	1,792	3,918	4,039
Revenue	30,948	29,806	27,076	25,440	22,356	17,780
Revenue Growth (YoY)	7.70%	10.08%	6.43%	13.79%	25.74%	23.83%
Salaries and Employee Benefits	7,546	7,263	6,859	6,187	6,158	5,605
Occupancy Expenses	2,195	2,195	2,003	1,681	1,408	1,212
Selling, General & Administrative	594.47	594.47	578.67	493.57	413.86	321.87
Other Non-Interest Expense	4,336	4,004	3,700	3,143	3,130	2,657
Total Non-Interest Expense	14,672	14,057	13,141	11,504	11,110	9,797
EBT Excluding Unusual Items	16,276	15,749	13,936	13,936	11,246	7,984
Pretax Income	16,276	15,749	13,936	13,936	11,246	7,984
Income Tax Expense	4,130	3,923	3,216	3,644	3,027	1,950
Net Income	12,145	11,826	10,720	10,293	8,219	6,033
Net Income to Common	12,145	11,826	10,720	10,293	8,219	6,033
Net Income Growth	7.69%	10.31%	4.16%	25.23%	36.23%	47.99%
Basic Shares Outstanding	158	158	158	158	143	143
Diluted Shares Outstanding	158	158	158	158	143	143
Shares Change (YoY)	-0.00%	-	-	11.12%	-	-
EPS (Basic)	76.70	74.68	67.70	65.00	57.67	42.34
EPS (Diluted)	76.70	74.68	67.70	65.00	57.67	42.34
EPS Growth	7.70%	10.31%	4.16%	12.70%	36.23%	47.99%
Dividend Per Share	-	11.000	10.000	10.000	6.000	5.000
Dividend Growth	-	10.00%	-	66.67%	20.00%	-
Effective Tax Rate	25.38%	24.91%	23.07%	26.15%	26.92%	24.43%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.