CreditAccess Grameen reports record Q1 disbursement despite challenges

CreditAccess Grameen reported its highest ever Q1 FY26 disbursement despite a challenging credit cycle. The company's PAR 15+ accretion rate declined sharply to 0.46% in June 2025 from 1.34% in November 2024.

Net interest income grew 7% quarter-on-quarter to INR 937 crore, with portfolio yield at 20.3%. Cost of borrowings fell 8 basis points to 9.7%.

The company wrote off INR 693 crore in Q1, resulting in additional credit costs of INR 193 crore. It delivered PAT of INR 60 crore, with ROA of 0.9% and ROE of 3.4%.