CREDITACCESS GRAMEEN LIMITED — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

CreditAccess Grameen Limited reported a 11.8% year-on-year growth in AUM to INR 25,133 Crore for Q2 FY25, while facing increased delinquencies in its loan portfolio due to external factors. The net interest income rose by 20.8% to INR 933 Crore, with a stable NIM of 13.5%. The company is implementing stringent underwriting measures to tackle credit issues. PAT for the quarter stood at INR 186 Crore. Management remains optimistic about stabilizing delinquencies and forecasts continued growth in the upcoming period.