CreditAccess Grameen Limited announced its unaudited quarterly financial results for Q2 FY26 ending September 30, 2025. The company reported a consolidated revenue from operations of ₹1,508.35 crore, up marginally from ₹1,462.89 crore in Q1 FY26, reflecting a 3.11% quarter-on-quarter (QoQ) growth. Profit before tax surged significantly to ₹169.16 crore from ₹81.12 crore in the previous quarter, marking a 108.6% QoQ increase. However, compared with the same quarter of the previous year, revenue rose by 6.8% from ₹1,411.74 crore. Net profit after tax improved to ₹125.81 crore compared to ₹60.19 crore in Q1 FY26, registering a strong 109.2% QoQ increase but declined by 32.35% year-over-year (YoY) from ₹186 crore in Q2 FY25. Earnings per share stood at ₹7.87 (basic). The improved profitability on QoQ basis reflects reduced impairment on financial instruments and better asset quality.
| Particulars | Q2 FY26 (₹Cr) | Q1 FY26 (₹Cr) | Q2 FY25 (₹Cr) | % Change QoQ | % Change YoY |
|---|---|---|---|---|---|
| Revenue from operations | 1,508.35 | 1,462.89 | 1,411.74 | +3.11% | +6.8% |
| Profit Before Tax | 169.16 | 81.12 | – | +108.6% | – |
| Net Profit After Tax | 125.81 | 60.19 | 186.00 | +109.2% | -32.35% |
CreditAccess Grameen Limited is India’s largest microfinance institution headquartered in Bengaluru. It operates primarily in the microfinance sector, providing financial services focused on underserved and low-income segments. The company also extends retail finance and is expanding its insurance subsidiary, CreditAccess Life Insurance, to scale up offerings alongside credit products. In 2025, the company appointed Mr. Manoj Kumar as Chairman of the Board and Mr. Ganesh Narayanan as MD & CEO. The company continues to expand its borrower base and branch network, reporting a 3.1% annual growth in its Gross Loan Portfolio, standing at ₹25,904 crore as of Q2 FY26. Disbursements rose by nearly 33% YoY, and collection efficiency improved to 94.9%. Recent efforts include leveraging technology to improve customer retention and asset quality.
The financial performance in Q2 FY26 demonstrates improved profitability despite the challenges faced in the sector. The gross loan portfolio remained stable with a marginal YoY growth, while disbursements saw a healthy rise. The net profit margin stood at 6.26%. The company has maintained a strong capital adequacy ratio of 26.06%. Key investors include major institutional players like Axis Mutual Fund and HDFC Mutual Fund. CreditAccess Grameen is noted for its resilience and ability to navigate industry challenges while focusing on operational efficiency and sustained growth.
This analysis is based on the unaudited financial results disclosed by the company in October 2025 and latest business updates from official and credible financial news sources in 2025.
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