Results - Quarter and Financial Year Ended March 31, 2026
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CreditAccess Grameen reported strong full-year FY26 results with total revenue from operations growing 5.3% to ₹6,058.92 crore from ₹5,752.33 crore. Profit after tax surged 46.3% to ₹777.64 crore versus ₹531.40 crore in the prior year, driven by a significant 39.6% reduction in impairment on financial instruments (₹1,775 crore vs ₹1,930 crore). Finance costs declined slightly to ₹1,899 crore from ₹1,948 crore. For Q4 standalone, PAT jumped over 7x to ₹339.55 crore from ₹47.21 crore in the year-ago quarter, boosted by lower impairment and strong fee income. Basic EPS for the year stood at ₹48.63. The auditors issued an unmodified opinion with no qualifications. Asset quality improved with Gross Stage III (NPA) at 3.17% and Net Stage III at 1.12%, while CRAR remained healthy at 24.41%.
The sharp PAT growth of over 46% and multi-fold jump in Q4 profit signal strong operational recovery and better asset quality management. The stock is likely to react positively given the beat on earnings, though the elevated debt-equity ratio of 3.04 warrants monitoring in a rising rate environment.