CreditAccess Grameen’s board has elected Mr. Manoj Kumar as its new Chairman, effective immediately. Additionally, the board approved the unaudited financial results for Q2 FY26, with details available on the company’s website. Ms. Jessie Paul was appointed as Chairperson of the Nomination & Remuneration Committee.
Leadership Changes
Mr. Manoj Kumar, an Independent Director, has been elected as the Chairman of the Board. Ms. Jessie Paul, also an Independent Director, now chairs the Nomination & Remuneration Committee. These changes were effective as of October 28, 2025.
Financial Results Approved
The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The complete results are available on the company website.
Auditor Appointment
M/s. Sundaram & Srinivasan have been appointed as one of the Joint Statutory Auditors, subject to shareholder approval, for a 3-year term starting in fiscal year 2026-27, succeeding M/s Varma & Varma.
Financial Performance Highlights (Consolidated)
Profit before tax stood at ₹250.28 crore as against ₹786.73 crore in the period ended September 30, 2024.
Total income increased to ₹2,972.65 crore as compared to ₹2,966.50 crore year over year.
Total expenses reached ₹2,722.37 crore as compared to ₹2,179.77 crore year over year.
Source: BSE
