NBFC micro finance institution CreditAccess Grameen has once again revised its guidance for the current financial year. Earlier, changes were also made for the quarter ended in October. The company released its quarterly results after the close of business on Friday. The stock closed with a decline of more than 6 percent in Friday's trading.

What is the new guidance?
CreditAccess Grameen changed the guidance for FY 2025 to 7 to 8 percent loan growth. The initial estimate was 23 to 24 percent, which was reduced to 8 to 12 percent in October 2024. At the same time, the credit cost has been estimated at 6.7 percent to 6.9 percent. Which was initially 2.2 to 2.4 percent. Which was increased to 4.5 percent to 5 percent in October. The estimate for return on asset is 2.3 to 2.4 percent, which was 3 to 3.5 percent in October and the initial estimate was 5.4 to 5.5 percent. There is no change in the estimates of net interest margin as compared to the October estimates, it has been kept stable at 12.8 to 13 percent. How were the quarterly results According to the data released on Friday, MFI has suffered a loss of about Rs 100 crore in the December quarter. Net interest income has increased by 6.4 percent to Rs 905 crore. AUM has increased by 6.1 percent compared to last year. Net NPA has remained at 1.28 percent. Along with this, Write Off is at the level of Rs 377 crore. The stock of the company included in BSE 500 is currently at the level of 914. On December 20, the stock had made a low of 810. At the same time, about a year ago, the stock had made a year's highest level of 1660.