CreditAccess Grameen Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a profit before tax of ₹501.57 crore for the quarter and a profit for the period of ₹501.57 crore. Total income for the quarter stood at ₹1,904.80 crore. Additionally, the Board approved the appointment of M/s Sharp & Tannan as Joint Statutory Auditors.
Financial Performance Highlights
CreditAccess Grameen Limited has disclosed its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company demonstrated a robust financial performance, with a profit before tax of ₹501.57 crore for the quarter ended September 30, 2026. This marks a significant improvement from the same period in the previous year, showcasing strong operational efficiency and revenue generation capabilities.
Key Financial Figures
Total revenue from operations for the quarter reached ₹1,903.74 crore, complemented by other income amounting to ₹1.06 crore, resulting in a total income of ₹1,904.80 crore. Total expenses for the quarter were ₹1,233.85 crore. Consequently, the profit before tax for the period was ₹670.95 crore. After accounting for tax expenses of ₹169.38 crore, the profit for the period (profit after tax) stood at ₹501.57 crore.
For the half year ended September 30, 2026, the company reported a profit before tax of ₹1,331.03 crore. Total revenue from operations for the half year was ₹3,687.25 crore, with total income at ₹3,689.23 crore. Total expenses amounted to ₹2,358.20 crore. The profit for the half year was ₹995.00 crore after tax expenses of ₹336.03 crore.
Other Comprehensive Income
The company also reported other comprehensive income of ₹42.38 crore for the quarter, leading to a total comprehensive income of ₹543.95 crore. For the half year, other comprehensive income was ₹42.10 crore, with total comprehensive income reaching ₹1,037.10 crore.
Auditor Appointment
In a significant corporate decision, the Board of Directors also approved the appointment of M/s Sharp & Tannan, Chartered Accountants (FRN: 003792S), as one of the Joint Statutory Auditors of the Company. This appointment is subject to shareholder approval and is for a term of three years, commencing from the financial year 2027-28. This appointment follows the conclusion of the tenure of M/s Walker Chandiok & Co LLP.
Consolidated Results
The consolidated financial results mirrored the standalone performance, with profit before tax of ₹670.95 crore for the quarter and a profit for the period of ₹501.57 crore. For the half year ended September 30, 2026, consolidated profit before tax was ₹1,331.03 crore, and profit for the period was ₹995.00 crore.
Source: BSE
