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Tamilnad Mercantile Bank standalone net profit rises 69.11% in the March 2015 quarter

Total Operating Income rise 6.00% to Rs 743.57 crore
Net profit of Tamilnad Mercantile Bank rose 69.11% to Rs 134.54 crore in the quarter ended March 2015 as against Rs 79.56 crore during the previous quarter ended March 2014. Total Operating Income rose 6.00% to Rs 743.57 crore in the quarter ended March 2015 as against Rs 701.46 crore during the previous quarter ended March 2014. For the full year,net profit rose 26.14% to Rs 379.40 crore in the year ended March 2015 as against Rs 300.77 crore during the previous year ended March 2014. Total Operating Income rose 4.92% to Rs 2835.53 crore in the year ended March 2015 as against Rs 2702.65 crore during the previous year ended March 2014.

Sandip Ginodia , Director
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