CreditAccess Grameen: Q2 FY226 results confirm strong performance
CreditAccess Grameen Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The company reported a sequential improvement in total income to INR 1,509.0 crore, with profit before tax (PBT) rising by 108.5% to INR 169.2 crore and profit after tax (PAT) increasing by 109.0% to INR 125.8 crore for Q2 FY26. Asset under management (AUM) grew 3.1% year-on-year to INR 25,904 crore, and disbursements increased by 32.9% year-on-year to INR 5,322 crore.
The board of directors also approved the appointment of M/s. Sundaram & Srinivasan, Chartered Accountants, as one of the joint statutory auditors for a three-year term starting from financial year 2026-27, replacing M/s Varma & Varma. Additionally, Mr. Manoj Kumar was elected chairman of the board with immediate effect, and Ms. Jessie Paul was appointed chairperson of the nomination & remuneration committee. The company's CRAR stands at 26.1%, and its liquidity coverage ratio (LCR) for the quarter ended September 30, 2025, is 160.64%.
These announcements were followed by a press release detailing the "Growth Momentum Held Intact, Gradual Stabilization in Asset Quality to Drive Robust Profitability." The audio recording of the Q2 FY26 Results Conference Call, held on October 28, 2025, is available on the company's website.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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