CreditAccess Grameen Shares Soar Over 10% Post Strong Q3 Results

• CreditAccess Grameen's share price surged over 10% to ₹1370 on NSE after robust Q3 results.
• The company reported a 7% year-on-year AUM growth and a 13% year-on-year rise in Net Interest Margin (NII) for Q3.
• Disbursements increased by 13% year-on-year and 8% quarter-on-quarter, with PPOP up 9% year-on-year to ₹680 crore.
• Asset quality improved across all geographies, with cost of funds decreasing by 20 basis points quarter-on-quarter.
• Management projects 12-14% growth in the MFI segment and over 20% AUM growth by FY2027, targeting 4-4.5% ROA.

Why It Matters: CreditAccess Grameen's strong Q3 performance and positive outlook led to a significant share price rally.