CREDITACCESS GRAMEEN LIMITED — Important, 03-07-2025: General Updates

CreditAccess Grameen has announced a board meeting to review the financial results for the quarter and half-year.

Q1 FY26 saw the highest first-quarter disbursement with ~2 lakh new borrowers added and a 3.1% QoQ GLP growth to INR 26,055 Cr (including INR 693 Cr write-offs). Asset quality improved with a decline in PAR 0+ to 5.9% (ex-Karnataka 4.4%) and stable PAR 90+ at 3.3%. Employee count rose to 21,333, supporting business acceleration. Broad-based reductions in PAR accretion indicate stabilizing loan repayments across key states.