| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 1.5K | 1.2% |
| Total Income | 1.5K | 1.2% |
| Expenditure | 1.2K | 13.9% |
| PBT | 337.92 | 99.8% |
| Net Profit | 252.09 | 100.4% |
| OPM | 54.53% | 10.52pp |
| NPM | 16.90% | 8.56pp |
| EPS | 15.76 | 100.3% |
CreditAccess Grameen Q3 FY26 Results: PAT Grew 153.3% YoY & 100.4% QoQ to INR 252 Crore
20 Jan 2026 · 20 Jan, 6:32 pm
Summary
CreditAccess Grameen Limited, the country’s largest NBFC-MFI, announced its unaudited and limited reviewed financial performance for the third quarter and nine months of the financial year 2025-26. The company saw an increase in e AUM, disbursements, new borrower addition, and collection efficiency. The financial highlights include an increase in total income, pre-provision operating profit, profit before tax, and profit after tax, resulting in a RoA of 3.5% and RoE of 13.8%.
Key Highlights
- 1
Q3 FY26 e AUM increased 7.1% YoY from 24,810 crore to INR 26,566 crore
- 2
Disbursements increased by 13.4% YoY from INR 5,085 crore to INR 5,767 crore
- 3
Healthy new borrower addition of 2.06 lakh with 39% being New-to-Credit (NTC)
- 4
Collection Efficiency stood at 95.5% in Dec-25, improved from 94.5% in Sep-25
- 5
Total income increased by 7.9% YoY to INR 1,491.3 crore
- 6
Profit After Tax (PAT) grew 153.3% YoY from INR -99.5 crore to INR 252.1crore
Management Comments
Mr. Ganesh Narayanan
Managing Director and Chief Executive Officer of CreditAccess Grameen
Our third quarter performance reaffirms the strength and stability of our business model. We have witnessed normalisation in the asset quality trends across operating geographies enabling us to re-focus on growth with confidence. Monthly PAR 15+ accretion declined sharply to 18 bps in Dec-25 from 47 bps in Sep-25, with Jan-26 continuing to show similar trends. This improvement is broad-based, with Karnataka witnessing a notable recovery as asset quality reverted to historical levels. The CreditAccess°® Grameen implementation of MFIN guardrails has meaningfully strengthened the overall quality of the microfinance ecosystem. Borrower acquisition remains central to our growth strategy, as we added 2.1 lakh borrowers in Q3 FY26 and 6.4 lakh during 9M FY26. We continued to maintain a healthy NTC ratio of 39%, which is reflected in the increase in the share of unique borrowers to 43.4% in Dec-25 from 26.4% in Aug-24, positioning us well for quality growth ahead. Our PAT doubled QoQ to Rs. 252 crore in Q3 FY26 translating to an RoA and RoE of 3.5% and 13.8% respectively. With normalized asset quality, a stronger balance sheet, and motivated field teams, we are well- positioned to achieve robust business growth and improving return ratios. We remain confident in building a resilient franchise that delivers consistent returns, enhances stakeholder value, and sets new benchmarks of excellence in the industry.
Informational and educational content only. Not investment advice.