CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding a press release dated July 22, 2025, titled "CreditAccess Grameen Limited - First Quarter of FY25-26 Results".
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CreditAccess Grameen, India's largest microfinance NBFC, reported Q1 FY26 results with record first-quarter disbursements of INR 5,458 crore, up 21.9% YoY from INR 4,476 crore. The company added 2.16 lakh new borrowers (43% new-to-credit) and expanded its branch network to 2,114 (up 7%). Assets under management stood steady at INR 26,055 crore. Total income came in at INR 1,463.6 crore with profit after tax improving 27.5% sequentially to INR 60.2 crore, and profit before tax jumping 58.8% sequentially to INR 81.1 crore. Asset quality improved meaningfully, with PAR 0+ falling from 6.9% to 5.9%, GNPA at 4.70%, NNPA at 1.78%, and collection efficiency rising to 94.1%. The company raised INR 2,570 crore in liabilities, including a landmark USD 100 million multi-currency social loan facility, and holds a comfortable liquidity buffer of INR 2,025 crore with a strong CRAR of 25.5% and AA-/Stable credit rating.
Positive for shareholders — the quarter shows healthy business momentum with record disbursements, improving asset quality, controlled credit costs, and strong capital position, signaling a recovery trajectory. The diversified borrowing mix and AA- rating provide financial flexibility, though overall ROA of 0.9% remains modest and credit costs of INR 571.9 crore warrant continued monitoring.