Brief: India's Tamilnad Mercantile Bank March-Quarter Net Profit Rises

Tamilnad Mercantile Bank

24/04/2023 06:40

April 24 (Reuters) - Tamilnad Mercantile Bank Ltd
 TAMI.NS :
    * MARCH-QUARTER NET PROFIT 2.53 BILLION RUPEES VERSUS 2.27
BILLION
RUPEES
    * MARCH-QUARTER INTEREST EARNED 10.7 BILLION RUPEES VERSUS
9.86
BILLION RUPEES
    * MARCH-QUARTER PROVISIONS AND CONTINGENCIES 571.8 MILLION
RUPEES
VERSUS 1.46 BILLION RUPEES
    * RECOMMENDED PAYMENT OF FINAL DIVIDEND OF 5 RUPEES PER
SHARE


Further company coverage:  TAMI.NS 

 ((Reuters.Briefs@thomsonreuters.com;))