'CreditAccess Grameen conducted a conference call on 22 July 2025 to discuss the financial results for the quarter ended June 2025. Ganesh Narayanan. CEO & MD – Designate of the company addressed the call:
Highlights:
The company has begun FY26 with a positive momentum. The company has also recorded the highest ever first quarter disbursement in history.
There is broad-based decline in PAR accretion rates across operating geographies with a strong ground level execution and disciplined approach to customer engagement.
The PAR 15+ accretion rate stood at 0.46% in June 2025 compared to 1.34% in November 2024.
Karnataka is gradually inching towards stabilization with a new PAR 15+ accretion rate, significantly being controlled at 0.58% for June 2025 from a peak of 2% in February 2025.
The gradual stabilization and asset quality over the past 3 quarters has enabled renewed focus on growth.
An employee base grew from 20,970 employe...
Pleaselogin & subscribe to view the full report.
More Reports
-
(05-Feb-2025)
Castrol India
Expects EBITDA margin of 22%-25% for CY25
-
(10-Feb-2023)
Deepak Nitrite
Plans capex of about Rs 1500 crore for FY23 and FY24
-
(09-Feb-2023)
Mayur Uniquoters
Targets revenue of Rs 1000 crore in FY24
-
(31-Jan-2023)
Tega industries
Capex plan is US$ 30-32 million for next three years
|
|