Tamilnad Mercantile Bank Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net interest income was INR 5,327.3 million compared to INR 5,085.5 million a year ago. Net income was INR 2,735.1 million compared to INR 2,623 million a year ago. Basic earnings per share from continuing operations was INR 17.27 compared to INR 17.99 a year ago. Diluted earnings per share from continuing operations was INR 17.27 compared to INR 17.99 a year ago.
For the six months, net interest income was INR 10,468.1 million compared to INR 10,325.7 million a year ago. Net income was INR 5,347.4 million compared to INR 4,965.1 million a year ago. Basic earnings per share from continuing operations was INR 33.77 compared to INR 34.44 a year ago. Diluted earnings per share from continuing operations was INR 33.77 compared to INR 34.44 a year ago.