The Institute of Cost Accountants of India (ICMAI) announced the results of the Certified Management Accountant (CMA) June 2025 Intermediate and Final examinations on August 11, 2025. Senior students nationwide competed in one of India’s most challenging professional accountancy exams. Hans...
The Institute of Cost Accountants of India (ICMAI) announced the results of the Certified Management Accountant (CMA) June 2025 Intermediate and Final examinations on August 11, 2025. Senior students nationwide competed in one of India’s most challenging professional accountancy exams. Hans Amresh Jain from Surat secured the first rank in the Final exam, leading a talented and diverse list of top scorers from metropolitan and Tier-2 cities.
Key Highlights: Stellar Performance & Competitive Landscape
Hans Amresh Jain from Surat clinched All India Rank 1 in the Final exam under the 2022 syllabus framework, standing out amidst low overall pass percentages, which hovered in the low double digits, indicating the exam’s tough nature and the exceptional commitment required to achieve top ranks.
A total of 2,167 candidates passed the Final exam, which certifies advanced expertise in financial accounting, enterprise finance, and strategic planning.
The CMA results reflect widening participation and success beyond traditional financial hubs, with top performers hailing from Mumbai, Jaipur, Rajahmundry, Hyderabad, Bangalore, and smaller cities like Serampore and Palghar.
Four female candidates feature prominently among the top 10 Final exam qualifiers, underscoring increasing diversity in the field.
Top 10 CMA Final Exam Rankers June 2025
Hans Amresh Jain — Surat
Chirag Kasat — Mumbai
Trishir Goyal — Jaipur
Priya Babbar — Faridabad
Nikhil Jain Sait — Rajahmundry
Saurav Kumar — Serampore, West Bengal
Kunta Hari Charan Reddy — Hyderabad
Swati Agarwal — Jaipur
Poojitha Reddy P — Bangalore
Mumal Bhagwan Shekhawat — Palghar, Maharashtra
Intermediate Exam Highlights
Sujal Pradeep Saraf of Surat topped the Intermediate examination.
The pass rate for Intermediate groups varied around 14% to 30%, indicating the rigorous competition and high standards maintained by ICMAI.
Approximately 5,491 candidates cleared the Intermediate level in the June session.
Exam Rigor and Passing Criteria
Candidates must score minimum 40% marks in each subject and an overall aggregate of at least 50% in all non-exempted subjects to qualify.
Candidates securing 60% or more in any paper earn exemptions for that paper in the next exam session, facilitating targeted reattempts.
Geographic and Gender Diversity
The top 10 list blends candidates from metro cities and emerging education hubs, reflecting the growing reach of the CMA qualification.
Jaipur notably secured two ranks among the top 10 Final exam toppers, marking the city’s rising prominence in commerce education.
Gender diversity is evident with multiple female toppers breaking into the elite cadre of ICMAI’s highest achievers.
Significance of the CMA Qualification
The CMA credential signifies mastery in strategic cost management, financial decision-making, and business leadership—skills highly valued across accounting, finance, and corporate strategy roles in India and globally.
Passing these exams paves the way for professional advancement and eligibility for three years of practical training in costing and industrial accounting.
Candidates can view detailed results and the official merit list on the ICMAI website (icmai.in). With these results, ICMAI continues fostering excellence and promoting high standards among cost and management accounting professionals.
Sources: EdexLive, NDTV Education, Times of India Education