Tamilnad Mercantile Bank Q2 FY27: net profit up 42% to ₹451 crore, revenue up 27%
Tamilnad Mercantile Bank (TMB) said it has published its Q2 FY27 results, reporting revenue of ₹2,052 crore (+26.6% year on year), net profit of ₹451 crore (+42.1%), earnings per share of ₹28.49. The company is valued at about ₹12,856 crore.
What happened
In a filing with the NSE on 30 October 2026 at 01:58 PM, Tamilnad Mercantile Bank (TMB) said that it has published its Q2 FY27 results, reporting revenue of ₹2,052 crore (+26.6% year on year), net profit of ₹451 crore (+42.1%), earnings per share of ₹28.49.
From the filing: "Tamilnad Mercantile Bank Limited has informed the Exchange about the Clarification on ECL framework data provided in the Investor / Analyst presentation on the Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2026"
Company snapshot
Tamilnad Mercantile Bank is a small-cap company in the Financial Services sector, with a market value of about ₹12,856 crore.
The stock last traded at ₹811.9, against a 52-week range of ₹468–₹954.2 (14.9% below the high).
Before this filing the shares had moved −6.0% over the month and −4.7% over three months. Average daily turnover over the last 20 sessions was about ₹16.22 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 6.86% and domestic institutions 2.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,621 | 317.5 | 20.05 |
| Q3 FY26 | 1,665 | 341.5 | 21.57 |
| Q4 FY26 | 1,792 | 373.7 | 23.6 |
| Q1 FY27 | 1,901 | 411.5 | 25.99 |
| Q2 FY27 | 2,052 | 451.1 | 28.49 |
What history shows
This is not the company's first results disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 3.5% on average the next trading day and was up 3.4% on average after five days (5 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.7% on average the next day and −1.1% over five days; 43% of them rose the next day.
Market-wide, 10,043 results filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 42% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Oct 2026 | Tamilnad Mercantile Bank Limited has submitted to the Exchange, the… | +0.7% | — |
| 26 Oct 2026 | Tamilnad Mercantile Bank Limited has submitted to the Exchange, the… | +0.7% | — |
| 27 Jul 2026 | A press release dated July 27, 2026, titled "Unaudited Financial… | −3.2% | −4.1% |
| 27 Jul 2026 | Unaudited Financial Results Of The Bank For The Quarter Ended June… | +9.5% | +7.1% |
| 27 Jul 2026 | Board Meeting Outcome for For Unaudited Financial Results Of The… | +9.5% | +7.1% |
What to watch
- Management commentary, margins and order book or guidance in the investor presentation.
In the news
Recent coverage elsewhere (links open the original publisher):
- Tamilnad Mercantile Bank records highest-ever net profit of ₹451 crore for Q2
- Tamilnad Mercantile Bank Ltd (BOM:543596) (Q2 2027) Earnings Call Highlights: Record Profit, ...
- Tamilnad Mercantile Bank Q2 net profit rises 42% to record ₹451 crore
- Tamilnad Mercantile Bank Posts Record ₹451 Crore Q2 Profit, Business Growth Fastest in 18 Years
- Tamilnad Mercantile Bank seeks RBI nod for share transfers, gets board backing for expansion
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.