Ahmedabad: The Institute of Chartered Accountants of India (ICAI) has declared the results of the CA Final exam held in May, revealing a modest performance. Notably, no student from Ahmedabad secured a place on the all-India rankers’ list this year.A total of 54,606 candidates appeared for Group I across India, of whom 6,555 passed, recording 12% result. In Group II, 8,275 of the 42,573 candidates cleared the exam, taking the pass rate to 20.49%. In all, 23,776 candidates appeared for both groups, and 3,345 passed, registering a pass rate of 14.07%.In Ahmedabad, 851 candidates appeared for Group I, but only 51 cleared it, resulting in a pass rate of 5.99%. For Group II, 472 candidates appeared, and 96 passed, recording a 20.34% result. A total of 664 students from the city appeared for both groups, of which 91 passed.Compared to the Jan session, Ahmedabad saw a slight decline in results, while the all-India pass percentage improved from 10.9% to 14%.Hamza Punawala, who topped the Ahmedabad list of successful candidates, said that while he was satisfied with his performance, he missed an all-India rank by just seven marks. He now plans to begin working and will decide his future course after gaining some experience.
