CreditAccess Grameen announced Q1FY26 results Total income improved sequentially to Rs 1,463.6 crore. Pre-provision operating profit (PPOP) was robust at Rs 653.0 crore. Profit Before Tax (PBT) improved sequentially by 58.8% from Rs 51.1 crore to Rs 81.1 crore. Profit After Tax (PAT) improved sequentially by 27.5% from Rs 47.2 crore to Rs 60.2 crore, resulting in ROA of 0.9% and ROE of 3.4%. Declining new PAR accretion led to sequential reduction in credit cost at Rs 571.9 crore. GNPA / NNPA predominantly measured at 60+ dpd was 4.70% / 1.78%, with PAR 90+ of 3.29%. Robust liquidity of Rs 2,025 crore of cash, cash equivalents, and investments, 7.3% of total assets. Healthy capital position with a CRAR of 25.5%. Credit Rating: AA-/Stable by CRISIL, ICRA & India Ratings. Ganesh Narayanan, Chief Executive Officer & Managing Director (Designate) of CreditAccess Grameen, said: “We have commenced FY26 with a positive business momentum, setting the tone for the year ahead. Our Q1FY26 performance reflects progress across all key dimensions of the business with the highest-ever first-quarter disbursements of Rs 5,458 crore. We witnessed a broad-based decline in monthly new delinquency rate across all operating geographies, reducing to 0.46% in June 2025, from 1.34% in November 2024 supported by stable manpower, disciplined customer engagement and consistent reduction in customer leverage. Our growing workforce, with employee count rising from 20,970 in March 2025 to 21,333 in June 2025, while maintaining a controlled annualised attrition rate of 27.1% for Q1FY26, has translated into improved customer servicing and supporting our asset quality outcomes. At the same time, our liability profile saw robust traction where we raised Rs 2,570 crore, including partial drawdowns from USD 100 million multi-currency syndicated social loan facility comprising of JPY and USD denominated commitments. This landmark deal with participation from leading lenders from South Asia and Far East, was priced competitively at par with domestic borrowings and below our average cost of borrowing. On the diversification front, the share of our Retail Finance portfolio, the strategic growth lever, increased YoY from 2.9% to 6.8% of the AUM. The outlook for FY26 remains encouraging, with favourable monsoon forecasts and strengthening rural sentiment, laying the groundwork for sectoral revival.” Result PDF