MUMBAI: Chartered Accountant final examination results were declared on Friday with a success rate of 13.4% for those who took both groups. The all-India rank one was tied between Heramb Maheshwari of Hyderabad and Rishab Ostwal of Tirupati, both of whom scored 84.7%. Riya Shah of Ahmedabad and Kinjal Ajmera of Kolkata stood second and third, respectively.
Institute of Chartered Accountants of India (ICAI) held the exams in Nov 2024 across 433 centres, and 11,500 students successfully qualified as chartered accountants. For those who took group 1, the success rate was 16.8%, and for group 2, it was 21.3%. A total of 30,763 took both the groups and 4,134 cleared them.
CA Ranjeet Kumar Agarwal, president, ICAI, said, “Clearing one of the toughest examinations in the country is a big achievement. Earning the prefix CA is not just a professional milestone, but a powerful testament to your unwavering determination, sacrifice, and hard work.” To those successful, he said, “This accomplishment marks beginning of a promising and transformative chapter in your lives-keep aiming higher and achieving greater, keeping progress and pride of your nation at the forefront.”
He highlighted this year, students outperformed, achieving exceptionally remarkable results. Over 31,946 students passed the CA final exam this year, reflecting a “notable increase in participation and a growing interest among youth…”.