CreditAccess Grameen Q2 Results: Profit jumps 4-fold as credit costs fall 43%; FY27 guidance raised
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓CreditAccess Grameen reported a net profit of ₹502 crore for the quarter ended September 30, 2026.
- ✓The firm said profit jumped nearly four-fold as credit costs fell 43.2% to ₹299 crore.
- ✓Many new borrowers joined the lender, and the company raised its financial year 2026-27 guidance after strong performance.
Story at a Glance
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- MARKET
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- cnbctv18
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- 4 Minute(s)
- Market Focus
- India Economy
CreditAccess Grameen reported its highest-ever quarterly net profit of ₹502 crore for Q2 FY27, surging nearly four-fold as credit costs fell 43.2% to ₹299 crore. Net interest income rose 31.3% to ₹1,351 crore and AUM grew 19.5% to ₹30,946 crore. Driven by strong H1 performance, the microlender raise...
Microlender CreditAccess Grameen Ltd on Thursday (October 22) reported a 298.7% year-on-year increase in net profit to ₹502 crore for the quarter ended September 30, 2026, compared with ₹126 crore in the year-ago period, on Thursday (October 22). Net interest income (NII) rose 31.3% to ₹1,351 crore from ₹1,029 crore.
The company reported its highest-ever quarterly profit after tax (PAT), with assets under management (AUM) increasing 19.5% year-on-year to ₹30,946 crore from ₹25,903 crore. Return on assets (ROA) stood at 5.8%, while return on equity (ROE) was 23.2%.
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