Tamilnad Mercantile Bank, headquartered in Thoothukudi, Tamil Nadu, reported a robust 28.01% increase in standalone net profit to ₹373.65 crore for the fourth quarter of FY26, compared to the same period last year. This growth was supported by a 16.22% rise in total income, reaching ₹1,792.14 crore. The bank's profit before provisions and contingencies also saw a significant increase of 29.28% year-on-year, amounting to ₹522.31 crore. Notably, net interest income (NII) climbed 15.5% to ₹1,550.38 crore, with an NII margin improvement of 27 basis points to 4.18%. Total deposits grew to ₹61,712 crore, reflecting a 14.94% increase, while gross advances rose 20.32% to ₹53,379 crore. The bank's asset quality improved, with the gross non-performing asset (NPA) ratio declining to 0.73% from 1.25% a year earlier. The board of directors has recommended a final dividend of ₹12.50 per share for FY26, indicating a positive outlook for shareholders.