CreditAccess Grameen announced its Q3 FY26 results, showcasing improved business momentum and asset quality normalization. GLP reached INR 26,566 Cr, with disbursements up 13.4% YoY. The company added 2.06 Lakh new borrowers and saw a sequential improvement in its PPOP. Credit costs also declined, reflecting enhanced asset quality trends. The lender reaffirms a positive business outlook.
Key Operational & Financial Performance
CreditAccess Grameen reported the following key figures for Q3 FY26:
- GLP: INR 26,566 Cr (up 7.1% YoY)
- Disbursements: INR 5,767 Cr (up 13.4% YoY)
- Borrowers: 44.01 Lakh
- Net Interest Income (NII): INR 977 Cr
- Profit Before Tax: INR 337.9 Cr (increase of 162.1%)
- Profit After Tax: INR 252 Cr (increase of 153.3%)
The Capital to Risk-Weighted Assets Ratio (CRAR) stood at 26.4%.
Asset Quality Trends
The company demonstrated improved asset quality:
- GNPA: 4.04%
- NNPA: 1.36%
- PAR 90+: 2.94%
Business Highlights & Strategy
Key strategic moves and business highlights from the announcement include:
- Regained growth focus with asset quality normalization.
- Alignment with MFI guardrails and deleveraging largely played out.
- Consistent reduction in quarterly credit costs.
- The company saw 2.06 Lakh new borrowers added (39% being new-to-credit).
- The company’s monthly PAR 15+ accretion continued to decline in December 2025.
Funding & Liquidity
CreditAccess Grameen maintains a strong liquidity position, with liquidity assets of INR 2,397 Cr in cash and cash equivalents. The company has funding visibility with sanctions of INR 3,431 Cr in hand and INR 5,781 Cr in the pipeline.
Source: BSE
