CreditAccess Grameen announced its Q2 FY26 results, showcasing sustained growth and improved profitability. AUM grew by 3.1% YoY to INR 25,904 crore. Disbursements surged by 32.9% YoY to INR 5,322 crore. Net profit reached INR 125.8 crore, leading to an RoA of 1.8% and an RoE of 7.1%. The company highlighted improvements in asset quality, with PAR 0+ decreasing to 4.7%. The results reflect the company’s resilience and strategic focus.
Strong Financial Performance
CreditAccess Grameen reported a strong financial performance for Q2 FY26, demonstrating growth across key metrics:
- AUM Growth: Increased by 3.1% YoY, reaching INR 25,904 crore.
- Disbursements: Increased significantly by 32.9% YoY to INR 5,322 crore.
- Total Income: Improved sequentially to INR 1,509.0 crore.
- Profitability: Net profit after tax (PAT) improved substantially to INR 125.8 crore, resulting in a RoA of 1.8% and RoE of 7.1%.
Asset Quality and Operational Metrics
The company also highlighted improvements in asset quality and key operational metrics:
- PAR 0+: Decreased to 4.7% in Q2 FY26 from 5.9% in Q1 FY26.
- New Borrower Addition: Added 2.20 lakh new borrowers, with 39% being new-to-credit (NTC).
- Branch Network: Expanded by 8.8% YoY, reaching 2,209 branches.
- Collection Efficiency: Improved to 94.9% in September 2025.
Strategic Developments
In addition to the financial results, CreditAccess Grameen announced the appointment of Mr. Manoj Kumar as the new Chairman, effective October 28, 2025. Mr. Kumar brings extensive experience in banking, capital markets, and fintech, and is expected to guide the company’s strategic direction. The company continues to focus on sustainable growth, strong governance, and creating lasting value for its stakeholders.
Retail Finance Expansion
The company’s retail finance portfolio has surpassed INR 2,500 crore, reflecting a customer-centric approach and diversified product offerings.
Source: BSE