The Institute of Chartered Accountants of India (ICAI) has reported a surplus of ₹150.10 crore for the financial year 2025-26, according to its 77th Annual Report and Audited Financial Statements, reflecting a significant improvement in its financial performance over the previous year.
The audited Statement of Income and Expenditure shows that ICAI recorded an Excess of Income over Expenditure of ₹150.10 crore during FY 2025-26, compared with ₹80.15 crore in FY 2024-25. This represents a year-on-year increase of approximately 87%.
During FY 2025-26, ICAI reported total income of ₹1,219.45 crore, while its total expenditure stood at ₹1,069.35 crore, resulting in the reported annual surplus. In the previous financial year, the Institute had reported total income of ₹1,188.37 crore and total expenditure of ₹1,108.22 crore.
The improvement in the surplus reflects a combination of higher income and lower overall expenditure compared with the previous year. However, the Annual Report does not attribute the increase to any single source of income or specific cost-saving measure, and therefore no such conclusion can be drawn solely from the audited financial statements.
The financial statements also indicate that ICAI continued to invest in professional education, examinations, digital initiatives, member services and infrastructure during the year while maintaining a positive financial position. The statutory auditors have issued an unmodified audit opinion on the financial statements. CA Sansaar
The increase in ICAI's annual surplus is a significant financial indicator and may be of interest to members and students. However, the Annual Report presents it as an accounting outcome of the year's operations and does not suggest that the surplus is earmarked for any specific future initiative, fee reduction or member benefit. Any such policy decisions would be subject to the Institute's governance processes and future Council decisions.
This balanced approach keeps the report factual, professionally neutral and fully supported by ICAI's audited Annual Report.