CreditAccess Grameen's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- CreditAccess Grameen Ltd reported a 1.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
- Its expenses for the quarter were down by 0.4% QoQ and up 6.8% YoY.
- The net profit increased 100.4% QoQ and decreased 353.3% YoY.
- The earnings per share (EPS) of CreditAccess Grameen Ltd stood at 15.68 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1491.31 | 1509.02 | 1381.93 | -1.2% | 7.9% |
Total Expenses | 810.82 | 814.19 | 759.00 | -0.4% | 6.8% |
Profit Before Tax | 337.92 | 169.16 | -128.93 | 99.8% | -362.1% |
Tax | 85.83 | 43.35 | -29.41 | 98.0% | -391.8% |
Profit After Tax | 252.09 | 125.81 | -99.52 | 100.4% | -353.3% |
Earnings Per Share | 15.68 | 7.83 | -6.24 | 100.3% | -351.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
CreditAccess Grameen Ltd is a prominent microfinance institution based in India, primarily focusing on providing financial services to the underserved rural and semi-urban population. The company's main products and services include micro-loans designed to support income-generating activities, housing, and other essential needs for its clientele. As one of the leading microfinance companies in India, the organization plays a crucial role in financial inclusion by offering access to credit for those who typically lack access to traditional banking services. Recent developments or specific strategic initiatives undertaken by the company are not available within the provided data set.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), CreditAccess Grameen Ltd reported a total income of ₹1491.31 crores. This represents a slight decrease of 1.2% from the ₹1509.02 crores recorded in the second quarter of fiscal year 2026 (Q2FY26). However, when compared to the same quarter in the previous fiscal year (Q3FY25), the total income shows a year-over-year increase of 7.9% from ₹1381.93 crores. The revenue figures suggest a relative stabilization in the company's income generation over the quarter, with a notable growth over the year.
Profitability
CreditAccess Grameen Ltd's profitability saw a significant improvement in Q3FY26. The company recorded a profit before tax of ₹337.92 crores, which is a substantial rise of 99.8% from ₹169.16 crores in Q2FY26. On a year-over-year basis, there is a marked turnaround from a loss of ₹128.93 crores in Q3FY25. Similarly, the profit after tax stood at ₹252.09 crores in Q3FY26, up by 100.4% from ₹125.81 crores in Q2FY26, and a significant recovery from a loss of ₹99.52 crores in Q3FY25. Earnings per share also reflected this growth, increasing to ₹15.68 from ₹7.83 in the previous quarter. The tax expense doubled from the previous quarter, amounting to ₹85.83 crores in Q3FY26 compared to ₹43.35 crores in Q2FY26.
Operating Metrics
Operating expenses for CreditAccess Grameen Ltd in Q3FY26 totaled ₹810.82 crores, showing a marginal decrease of 0.4% from ₹814.19 crores in Q2FY26. When compared year-over-year, the total expenses increased by 6.8% from ₹759.00 crores in Q3FY25. The financial data indicates a robust control over operating expenses, contributing to the improvement in profitability metrics. The tax expense for Q3FY26 amounted to ₹85.83 crores, reflecting a near doubling from ₹43.35 crores in Q2FY26. Despite this increase, the company achieved a higher profit margin due to a significant rise in profits before tax. The financial data provided does not include specific financial ratios or additional operating metrics such as the debt-to-equity ratio or current ratio.