CreditAccess Grameen Ltd reported Q2 FY2026 consolidated revenue of ₹15.08 billion and net profit of ₹1.26 billion. The company also announced the appointment of Manoj Kumar as Chairman of the Board, signaling a leadership refresh amid steady operational performance and portfolio expansion.
CreditAccess Grameen Ltd, India’s largest NBFC-MFI, has posted its financial results for the quarter ended September 2025, reporting consolidated revenue from operations of ₹15.08 billion and a net profit of ₹1.26 billion. While revenue rose modestly, profit declined year-on-year due to higher provisioning and operating expenses.
In a key leadership update, the company’s board has elected Manoj Kumar as Chairman, effective immediately. Kumar, who has served in senior roles within the organization, is expected to steer the company through its next phase of growth, focusing on financial inclusion, digital transformation, and rural outreach.
The company also reported strong disbursement momentum, improved asset quality, and continued expansion of its branch network, despite a slight decline in active borrower base.
Notable Updates:
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Revenue from Operations: ₹15.08 billion
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Net Profit: ₹1.26 billion
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Leadership Change: Manoj Kumar appointed Chairman of the Board
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Loan Disbursements: ₹53.22 billion, up 32.9% YoY
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Asset Quality: GNPA improved to 3.65% from 4.70%
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Branch Network: Expanded to 2,209 locations
CreditAccess Grameen’s results reflect operational resilience and a strategic pivot under new leadership.
Sources: ScanX News, Moneycontrol, CreditAccess Grameen Investor Relations