Tamilnad Mercantile Bank Q2 results: PAT grows 10.84% to Rs 303.18 cr

Quick Summary:

The Tuticorin-based over century-old bank had registered net profits of Rs 273.51 crore during the corresponding quarter of last year.

For the six month period ending September 30, 2024 the net profits surged to Rs 590.47 crore, from Rs 534.74 crore registered in the year ago period.

For the half year ending September 30, 2024 the total income went up to Rs 3,079.75 crore as against Rs 2,688.11 crore registered in the year ago period.

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Category: BusinessFinance

Markets: India

Topics: Tamilnad Mercantile Bank Q2 profit Tamilnad Mercantile Bank Q2 results Tamilnad Mercantile Bank Tamilnad Mercantile Bank Q2 revenue

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Article Type: News Report

Published On: 2024-10-29 @ 21:00:28 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

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Copyright Owner: © Business Standard

News ID: 23328726

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