Tamilnad Mercantile Bank Ltd (TMB) reported a 34.97% year on year (YoY) increase in net profit to ₹411.51 crore for the quarter ended June 2026 compared with ₹304.89 crore in the corresponding quarter last year. “This is the highest-ever net profit in the bank’s history. For the first time, we have crossed the ₹400 crore mark,” said Salee S Nair, Managing Director and CEO of the bank.