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Home Co-op News Snippets

TMCC business crosses Rs 2,800cr; profit at Rs 190cr

Parasnath by Parasnath
April 3, 2025
in Co-op News Snippets
0
TMCC business crosses Rs 2,800cr; profit at Rs 190cr
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Karnataka-based Tumkur Merchants Credit Co-operative (TMCC) has achieved significant financial success in the fiscal year ending March 31, 2025.

The society reported a total business of Rs 2,800 crore and a gross profit of Rs 190 crore, marking a major milestone in its growth journey.

The figures were shared by the society with Indian Cooperative, highlighting its robust financial performance. Expressing gratitude to the valued customers, Dr. N.S. Jayakumar, President of TMCC, acknowledged that their loyalty has been the foundation of the institution’s success.

He reiterated the society’s commitment to delivering superior financial services and ensuring sustained growth in the coming years.

Established in 2006, TMCC holds ISO 9001-2015 certification and continues to expand its operations, driven by trust and customer-centric financial solutions. As the cooperative sector plays a vital role in economic development, TMCC aims to set new benchmarks in service excellence and financial inclusion.

Tags: cooperativecooperative sectorN S JayakumarprofitTMCCTumkur
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