CreditAccess Grameen Reports Q3 Profit Rebound and Receives Analyst Upgrades

CreditAccess Grameen reported a strong turnaround in Q3 FY26, posting a consolidated net profit of Rs 252.09 crore compared to a loss of Rs 99.52 crore in the same quarter last year. Revenue rose nearly 8 percent year-on-year to Rs 1,490 crore, driven by margin expansion and a significant decline in loan loss provisions. The company’s assets under management increased 7.1 percent to Rs 26,566 crore, while disbursements grew 13.4 percent. Following the results, analysts HSBC and CLSA upgraded the stock, leading to a notable rise in share price and trading volumes.