The Institute of Chartered Accountants of India (ICAI) has announced the results for the CA Final examination conducted in May, revealing a modest performance across the country. Notably, no student from Ahmedabad secured a position on the all-India rankers' list this year.
All-India Performance
A total of 54,606 candidates appeared for Group I across India, with 6,555 passing, resulting in a pass rate of 12%. For Group II, 8,275 out of 42,573 candidates cleared the exam, achieving a pass rate of 20.49%. Overall, 23,776 candidates appeared for both groups, and 3,345 passed, registering a pass rate of 14.07%.
Ahmedabad's Performance
In Ahmedabad, 851 candidates appeared for Group I, but only 51 cleared it, yielding a pass rate of 5.99%. For Group II, 472 candidates appeared, and 96 passed, recording a pass rate of 20.34%. A total of 664 students from the city appeared for both groups, of which 91 passed.
Comparison with January Session
Compared to the January session, Ahmedabad saw a slight decline in results. However, the all-India pass percentage improved from 10.9% to 14%.
Top Performer's Perspective
Hamza Punawala, who topped the Ahmedabad list of successful candidates, expressed satisfaction with his performance but noted that he missed an all-India rank by just seven marks. He plans to begin working and will decide his future course after gaining some experience.
