Creditaccess Grameen Q3 Results 2025:Creditaccess Grameen declared their Q3 results on 24 Jan, 2025, reporting a topline increase of 7.2%. However, the company also faced a significant loss amounting to ₹99.52 crore, contrasting sharply with the profit of ₹353.34 crore reported during the same period last fiscal year. Additionally, when compared to the previous quarter, revenue experienced a decline of 4.92%.
Despite the overall revenue increase, the Selling, General & Administrative expenses saw a decline of 4.63% quarter-over-quarter, while there was an 18.8% year-over-year increase. This indicates a mixed performance in managing operational costs amid fluctuating revenues.
The operating income plummeted by 54.11% compared to the previous quarter, and it decreased by 63.3% year-over-year, highlighting significant operational challenges faced by the company during this period. The earnings per share (EPS) stood at ₹24.4 for Q3, reflecting a decrease of 12.54% year-over-year.
Creditaccess Grameen has delivered a 7.2% return over the last week, but the stock has seen a decline of 23.59% over the past six months, with a year-to-date return of 9.56%. Currently, the company holds a market capitalization of ₹15502.27 crore, with a 52-week high of ₹1660 and a low of ₹810.
As of 25 Jan, 2025, out of the 17 analysts covering Creditaccess Grameen, 2 have given a Sell rating, 2 have a Hold rating, 7 have recommended a Buy rating, and 6 have issued a Strong Buy rating. The consensus recommendation as of this date leans towards a Buy, suggesting a cautiously optimistic outlook for the company’s future performance.
Creditaccess Grameen Financials
Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 1362.56 | 1433.05 | -4.92% | 1271.1 | +7.2% |
Selling/ General/ Admin Expenses Total | 173.18 | 181.58 | -4.63% | 145.78 | +18.8% |
Depreciation/ Amortization | 15.53 | 17.19 | -9.66% | 13.06 | +18.91% |
Total Operating Expense | 1030.8 | 710.08 | +45.17% | 367.23 | +180.7% |
Operating Income | 331.76 | 722.97 | -54.11% | 903.87 | -63.3% |
Net Income Before Taxes | -128.93 | 251.99 | -151.16% | 475.57 | -127.11% |
Net Income | -99.52 | 186.06 | -153.49% | 353.34 | -128.17% |
Diluted Normalized EPS | 24.4 | 30.97 | -21.21% | 27.9 | -12.54% |
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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