CREDITACCESS GRAMEEN LIMITED — Board Meeting, 16-05-2025: Outcome of Board Meeting

CreditAccess Grameen has announced a board meeting on May 16 approving the audited consolidated financial results for the quarter and year ended March 31, 2025. The company reported a consolidated net profit of ₹531 Cr for FY25 on revenues of ₹5,756 Cr, with a net profit margin of 9.24%. Key leadership updates include re-appointing Lilian Jessie Paul as Independent Director and bringing in Udaya Kumar Hebbar as Non-Executive Director alongside Ganesh Narayanan as Managing Director & CEO, all effective June 26. The board also approved a fundraise of up to ₹2,000 Cr through non-convertible debentures. No dividend was proposed.