CreditAccess Grameen541770Quarterly results
Board approves unaudited results; Sharp & Tannan appointed Joint Statutory Auditor subject to shareholder nod
Board approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026; the results were subjected to limited review by the statutory auditors.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,903.74 | 1,508.35 | +26.2% | 1,783.49 | +6.7% |
| Total income | 1,904.80 | 1,509.02 | +26.2% | 1,784.41 | +6.7% |
| Profit before tax | 670.95 | 169.16 | +297% | 660.03 | +1.7% |
| Profit after tax | 501.57 | 125.81 | +299% | 493.39 | +1.7% |
| Total comprehensive income | 543.95 | 128.41 | +324% | 493.10 | +10.3% |
| Basic EPS | 31.27 | 7.87 | +297% | 30.79 | +1.6% |
- Total Income YoY Growth
- Year ago 1,509.02 (+26.2%)
- Profit After Tax (Latest)
- 501.57 (Year ago 125.81, +299%)
- Period
- Quarter ended 30-Sep-26
Also decided at the meeting
- Appointed M/s Sharp & Tannan, Chartered Accountants (FRN: 003792S) as one of the Joint Statutory Auditors for 3 years from FY 2027-28, subject to shareholder approval, in place of Walker Chandiok & Co LLP.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Resolution plans implemented per RBI notification: 73,313 accounts with exposure of ₹178.60 crore as at September 30, 2026.
- Direct assignment of 25,572 loans not in default during the quarter: aggregate amount ₹289.60 crore, sale consideration ₹260.64 crore.
- Allotted 2,58,646 equity shares in the quarter and 3,22,148 in the half year on exercise of employee stock options.
Financial results
- The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The results were subjected to limited review by the statutory auditors.
- The Board meeting ran from 2:00 PM to 5:15 PM (IST).
Change of Joint Statutory Auditor
- M/s Sharp & Tannan, Chartered Accountants (FRN: 003792S) has been appointed as one of the Joint Statutory Auditors of the company.
- The appointment is subject to the approval of shareholders.
- Term: 3 years, commencing from financial year 2027-28.
- The firm comes in place of M/s Walker Chandiok & Co LLP, which completes its tenure at the conclusion of the Annual General Meeting to be held in 2027.
- Profile given: part of the Sharp & Tannan network, pan-India presence across 10 cities, over 600+ staff members and 23 partners; involved in statutory audit of listed entities for over nine decades.
Shares allotted to employees
- 3,22,148 equity shares of full paid-up value were allotted in the half year ended September 30, 2026 on exercise of options by employees under the company's Employee Stock Option Schemes.
Resolution plans implemented
- Number of accounts where a resolution plan has been implemented: 73,313.
- Exposure against these as at September 30, 2026: ₹ 178.60 crore.
Loans transferred by direct assignment
- These are loans not in default, transferred during the quarter and half year ended September 30, 2026.
- Number of loans: 25,572; number of transactions: 2.
- Aggregate amount: ₹ 289.60 crore; sale consideration: ₹ 260.64 crore.
- Retention of beneficial economic interest: 10%.
How to read this
- The auditor appointment is the main governance item: it changes one of the joint statutory auditors, but takes effect only from FY 2027-28 and needs shareholder approval.
- The ESOP allotment adds to the number of equity shares in issue; the figure above covers the half year.
- The resolution plan and direct assignment disclosures describe how the lender has handled stressed accounts and how it has sold on a pool of standard loans; the sale consideration is ₹ 260.64 crore against an aggregate amount of ₹ 289.60 crore.
- The company describes itself as a non-deposit taking NBFC classified as NBFC-ML (middle layer) by the RBI.
670.95 (₹ in crore)Profit before tax, latest quarter
Profit after tax, latest quarter501.57 (₹ in crore)
Profit before tax, year-ago quarter169.16 (₹ in crore)
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More numbers
- Term of Sharp & Tannan as Joint Statutory Auditor3 (three) years
- Equity shares allotted on ESOP exercise, half year ended Sept 30, 20263,22,148
- Accounts where resolution plan has been implemented73,313
- Exposure against resolved accounts as at Sept 30, 2026178.60 (₹ in crore)
- Number of loans transferred by direct assignment25,572
- Aggregate amount of loans transferred by direct assignment289.60 (₹ in crore)
- Sale consideration for direct assignment260.64 (₹ in crore)
- Retention of beneficial economic interest10%
- Total income, latest quarter1,904.80 (₹ in crore)
- Total income, year-ago quarter1,509.02 (₹ in crore)
- Total income, previous quarter1,784.41 (₹ in crore)
- Total comprehensive income, latest quarter543.95 (₹ in crore)
- Total comprehensive income, year-ago quarter128.41 (₹ in crore)
- Total comprehensive income, previous quarter493.10 (₹ in crore)
- Profit after tax, latest quarter501.57 (₹ in crore)
- Profit after tax, year-ago quarter125.81 (₹ in crore)
- Profit after tax, previous quarter493.39 (₹ in crore)
- Revenue from operations, latest quarter1,903.74 (₹ in crore)
- Revenue from operations, year-ago quarter1,508.35 (₹ in crore)
- Revenue from operations, previous quarter1,783.49 (₹ in crore)
- Profit before tax, latest quarter670.95 (₹ in crore)
- Profit before tax, year-ago quarter169.16 (₹ in crore)
- Profit before tax, previous quarter660.03 (₹ in crore)
Source: BSE · 22 Oct 2026
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