NEW DELHI: The Institute of Cost Accountants of India (ICMAI) has announced the results for the CMA Foundation exam (Syllabus 2022).
Candidates who wrote the exam can download their scorecards and merit list from the ICMAI website, icmai.in.
Vidhan Chhabra from Jaipur has topped the foundation exam. Chhabra scored 92 marks in paper one, 96 in paper two, 98 marks in paper three and 94 marks in paper four, making it a total of 380 marks.
The second topper is Krishana Shishodiya from Beawar. She scored 92 marks in paper one, followed by 94 in paper two, 88 in paper three and 96 in paper four, making a total of 370 marks in the CMA December 2025 session. The third rank is jointly shared by Venkata Vijaya Surya and Sanjana Sahu.
| Name of toppers | Total marks |
| Vidhan Chhabra (AIR-1) | 380 |
| Krishnan Shishodiya (AIR -2) | 370 |
| Venkata Vijaya Surya Chaithanya (AIR-3) | 364 |
| Sanjana Sahu (AIR-3) | 364 |
| Rahul Radheshyam Vaishnav (AIR-4) | 362 |
| Muskaan Athwani (AIR-4) | 362 |
| Aishwaryadevi D (AIR-5) | 354 |
| Yogesh Sishodiya (AIR-5) | 354 |
How to download ICMAI CMA 2025 scorecard
Step 1: Go to the official website, icmai.in
Step 2: On the homepage, click on the ‘CMA result December 2025’ link
Step 3: Enter the required login credentials
Step 4: The results will be displayed on your screen
Step 5: Check the qualifying status and download it for future use
The ICMAI will open the result verification window after the declaration of results.
Candidates can make use of the facility before the finishing date and time. Those who obtain the minimum passing marks will be declared qualified.
The CMA programme, administered by the Institute of Cost Accountants of India (ICMAI), is held twice annually—in June and December.