CREDITACCESS GRAMEEN LIMITED — Board Meeting, 16-05-2025: Outcome of Board Meeting
16-05-2025 | 05:58 pm
16-05-2025 | 05:58 pm
CreditAccess Grameen has announced a board meeting on the financial results for the quarter and half-year. Consolidated revenue grew modestly to ₹1,407.7 Cr for the quarter and ₹5,756 Cr for the year. Finance costs increased to ₹1,948 Cr, while impairment charges surged to ₹1,930 Cr, reflecting asset quality challenges. Despite this, it reported a consolidated profit before tax of ₹709 Cr and a net profit of ₹531 Cr for FY25, with earnings per share of ₹33.32. No dividend has been declared. The company maintains a healthy capital adequacy ratio of 25.42% and a debt-equity ratio of 2.95. Employee stock options continued to be exercised.
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