CreditAccess Grameen reports significant profit growth in Q2 FY27

CreditAccess Grameen Limited has announced its unaudited financial results for the second quarter and first half of the 2026-27 financial year. The company reported a substantial increase in profitability, with Profit After Tax (PAT) growing 298.7% year-on-year to INR 501.6 crore. Profit Before Tax (PBT) also saw a significant rise of 296.6%, reaching INR 670.9 crore.

Key business metrics for Q2 FY27 include an Assets Under Management (AUM) growth of 19.5% year-on-year, totaling INR 30,946 crore. Disbursements increased by 19.4% to INR 6,355 crore. The company's branch network expanded by 5.3% to 2,326 branches, while its employee base grew to 22,677.

The company maintained a strong capital position with a Capital to Risk-weighted Assets Ratio (CRAR) of 26.9% and reported a collection efficiency of 99.71% for the X-Bucket in September 2026. Total income for the quarter rose 26.2% year-on-year to INR 1,904.8 crore.