CreditAccess Grameen shares surged more than 3% in morning trade on July 23, even as the company reported a steep 84.9% year-on-year decline in net profit for the quarter ended June 30, 2025. The microfinance lender posted a net profit of ₹60.2 crore in Q1 FY26, sharply down from ₹398 crore in the same quarter last year.
The shares opened at ₹1,261.00 and touched a high of ₹1,320.00 during the day. The stock also saw a low of ₹1,253.40 in today’s trading session. It is currently trading close to its 52-week high of ₹1,354.80, while the 52-week low stands at ₹750.20.
Revenue & Profit Metrics
Revenue from operations also saw a slight dip, falling 3.2% YoY to ₹1,464 crore from ₹1,512 crore. However, despite the fall in net profit and topline, the company’s profit before tax (PBT) rose 58.8% sequentially, from ₹51.1 crore in Q4 FY25 to ₹81.1 crore in Q1 FY26.
Pre-provision operating profit (PPOP) came in at ₹653 crore for the quarter. The company also reported lower credit costs at ₹571.9 crore, aided by a decline in fresh slippages.
Asset Quality & Liquidity
Asset quality remained under control. Gross non-performing assets (GNPA) stood at 4.70%, while net NPA (NNPA) came in at 1.78%. Portfolio at Risk (PAR) 90+ stood at 3.29%, and overall PAR 0+ improved from 6.9% in Q4 FY25 to 5.9% in Q1 FY26.
Collection efficiency also showed improvement, rising to 94.1% in June 2025, up from 93.0% in March 2025.
The company maintained a healthy liquidity buffer of ₹2,025 crore in the form of cash, equivalents, and investments—equivalent to 7.3% of total assets. Capital adequacy ratio (CRAR) stood strong at 25.5%.
Business Growth and Expansion
Operationally, disbursements grew 21.9% YoY to ₹5,458 crore. CreditAccess Grameen added 2.16 lakh new borrowers in the quarter, of which 43% were first-time borrowers (new-to-credit).
The branch network expanded by 7% year-on-year to 2,114 locations, while the employee base grew by 8.5% to 21,333. Assets under management (AUM) remained stable at ₹26,055 crore on a sequential basis.
Notably, the company’s retail finance portfolio more than doubled year-on-year, rising 134.1% to ₹1,783.5 crore from ₹761.8 crore.
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