Tamilnad Mercantile Bank's Loan Portfolio Increases by 10.44% in June quarter
By Ankur Chandra | Published at: Jul 2, 2025 03:45 PM IST
Thoothukudi, July 2: Tamilnad Mercantile Bank Ltd (NSE: TMB, BSE: 543596) has published a provisional business update for the quarter ended June 30, 2025, indicating continued growth in key banking metrics, with total business crossing ₹98,000 crore.
The growth has been achieved by increasing core lending and deposit businesses, being fully cognizant and taking informed and practical action to scale its footprint and enhance customer experience.
Tamilnad Mercantile Bank (TMB) shares are trading up today. The share opened at ₹446.70, hitting an intraday high of ₹454.00 and an intraday low of ₹445.00.
Key Financial Highlights (₹ in crore)
| Particulars | Q1FY25 (30-Jun-24) | Q1FY26 (30-Jun-25)* | YoY Growth (%) |
|---|---|---|---|
| Total Deposits | 49,188 | 53,803 | 9.38% |
| CASA | 13,789 | 14,411 | 4.51% |
| Gross Advances | 40,853 | 45,120 | 10.44% |
| Total Business | 90,041 | 98,923 | 9.86% |
*Provisional; subject to limited review by the Statutory Central Auditors
Highlights:
- Total deposits rose by ₹4,615 crore YoY, aided by sustained retail and institutional deposit mobilization.
- Gross advances increased ₹4,267 crore, reflecting credit demand across segments.
- CASA deposits, a low-cost funding source, registered a moderate 4.51% growth.
- The bank’s total business (deposits + advances) reached ₹98,923 crore, up ₹8,882 crore YoY.
This growth reflects Tamilnad Mercantile Bank’s continuing expansion in the southern banking market and ongoing efforts to maintain a balanced asset-liability structure.
Regulatory Filing Context
The disclosure complies with:
- Regulation 30 of SEBI (LODR) Regulations, 2015 for material developments
- Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015 for fair disclosure of UPSI
The bank emphasized that these figures are provisional and unaudited.
About the Company
Tamilnad Mercantile Bank Ltd, headquartered in Thoothukudi, Tamil Nadu, is a century-old private sector lender with a strong presence in southern India. It is listed on both NSE and BSE and operates with a focus on retail, SME, and agricultural banking. The bank was incorporated in 1921 and has built a robust deposit base through regional customer trust and operational prudence.
Further detailed financials will be released with the quarterly results following the auditor’s review.
REF: https://nsearchives.nseindia.com/corporate/9659523378_02072025132213_37.pdf
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