CREDITACCESS GRAMEEN LIMITED — Board Meeting, 22-07-2025: Outcome of Board Meeting
22-07-2025 | 05:13 pm
22-07-2025 | 05:13 pm
CreditAccess Grameen has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated net profit of ₹60.19 Cr, a significant drop from ₹397.66 Cr in the same quarter last year. Total revenue from operations stood at ₹1,462.89 Cr. The sharp decline in profit is largely attributed to higher impairment on financial instruments, which rose to ₹571.85 Cr. Operationally, the company transferred loans worth ₹364.01 Cr. CRAR remains healthy at 25.55%.
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