CMA Inter & Final Result June 2026: 9 All India Ranks, Toppers List & SAC's Outstanding Success
The Institute of Cost Accountants of India (ICMAI) declared the CMA Inter and Final results for the June 2026 session on August 5, 2026. For the thousands of students who sat for papers between June 11 and June 18, this result marks the end of months of preparation and the start of the next stage of their CMA journey - Intermediate students moving into Final, and Final-qualified students stepping into the profession as Cost and Management Accountants.
Among the institutes whose students appeared in this session, Sachin Ajmera Classes (SAC), a Jaipur-based CA, CMA and CS coaching institute led by FCA Sachin Ajmera, recorded 9 All India Ranks across CMA Inter and Final, including 3 AIRs from Jaipur in CMA Inter. This takes the institute's cumulative tally to 98 All India Ranks over the last seven years.
This article covers the June 2026 result in context, breaks down the AIR list, and looks at the preparation approach behind these numbers - useful reading whether you're a CMA student checking your own result, a parent trying to understand what an All India Rank actually means, or an aspirant deciding where to prepare for December 2026. If you're still new to the qualification itself, SAC's What is CMA? guide is a useful starting point before diving into the result specifics below.
Quick Highlights
| Detail | Information |
|---|---|
| Exam Levels | CMA Intermediate & CMA Final |
| Exam Dates | June 11 - June 18, 2026 |
| Result Declared | August 5, 2026 |
| Conducting Body | Institute of Cost Accountants of India (ICMAI) |
| Passing Criteria | 40% minimum per paper + 50% aggregate |
| SAC All India Ranks (This Session) | 9 |
| SAC Jaipur AIRs (CMA Inter) | 3 |
| SAC Total AIRs (Last 7 Years) | 98 |
Quick Answer: Sachin Ajmera Classes secured 9 All India Ranks in the CMA Inter & Final June 2026 result, with rank holders including Khushi Gurbani (AIR 12, Final), Khusbu (AIR 16, Final), Khushi Jain (AIR 19, Inter) and six others across both levels, taking the institute's seven-year AIR count to 98.
Latest CMA June 2026 Result Overview
CMA Inter and Final results follow a predictable annual rhythm - exams in June and December, with results typically arriving between six and eight weeks later. The June 2026 cycle held to that pattern: papers were conducted from June 11 to June 18, and ICMAI released results for both Intermediate and Final on August 5, along with scorecards, the merit list and pass percentage data.
To qualify at either level, a candidate needs at least 40% in every individual paper and a 50% aggregate across the group. This structure means a single weak paper can undo an otherwise strong performance, which is part of why CMA Inter and Final are considered demanding exams - descriptive answer writing, case-based questions, and a syllabus that spans cost accounting, taxation, law, financial management and strategic management across eight papers at each level.
This session also carried a notable trend: CMA Final pass numbers rose compared to the previous attempt, with roughly 30% more candidates qualifying than in December 2025. Broader qualification numbers usually mean the competition for a top-50 All India Rank is, if anything, tighter - more well-prepared candidates are attempting the same paper, which raises the bar for a rank rather than lowering it.
What Makes This Result Significant?
A CMA result matters for reasons that go beyond a single scorecard.
For students who cleared Final: they are now eligible to apply for ICMAI membership and use the CMA designation professionally - the qualification they've worked toward for two to three years is complete.
For students who cleared Inter: they can now register for CMA Final and begin practical training requirements, moving into the last and most demanding stage of the course.
For Foundation-level students: this result also matters indirectly - several of this session's Inter rank holders started out as CMA Foundation qualifiers, and the CMA Foundation Result 2026 announced earlier this year set them on the same path they've now progressed along.
For All India Rank holders specifically: a rank in the ICMAI merit list (typically the top 50 candidates nationally, per group or level) is a signal of preparation quality that goes beyond passing. It reflects paper-writing precision, time management under exam pressure, and depth across all eight papers rather than just clearing the minimum threshold.
For the coaching ecosystem: results are one of the few objective, verifiable indicators students and parents can use when comparing institutes - which is why merit list data, cross-checked against the institute's own claims, is worth examining directly rather than taking at face value.
Sachin Ajmera Classes' Performance
SAC's June 2026 result includes 9 candidates in the ICMAI All India merit list across CMA Inter and Final - 6 from Final and 3 from Inter. Of the 3 Inter-level AIRs, all three are from the institute's Jaipur batch, which is a relevant detail for students specifically evaluating CMA coaching in Jaipur rather than the institute's online programs.
Across the last seven years, SAC's cumulative count now stands at 98 All India Ranks in CMA Inter and Final combined - a figure the institute has built up session by session rather than in a single standout year, which is a more meaningful marker of consistency than any one result on its own. This kind of progression reflects the institute's broader approach of coaching students from Foundation through to Final as one continuous system rather than treating each level as a separate program.
Table of All Rank Holders
| Student Name | Level | All India Rank (AIR) |
|---|---|---|
| Khushi Gurbani | Final | 12 |
| Khusbu | Final | 16 |
| Khushi Jain | Inter | 19 |
| Hitesh Kumar Chhablani | Final | 20 |
| Diksha Aswani | Final | 21 |
| Rahul Dhanjani | Final | 22 |
| Sachi Khandelwal | Inter | 35 |
| Ritika Kundnani | Final | 36 |
| Manas Kumar | Inter | 43 |
Quick Answer: Sachin Ajmera Classes achieved 9 All India Ranks in the CMA Inter & Final June 2026 result - 6 in CMA Final (AIR 12, 16, 20, 21, 22, 36) and 3 in CMA Inter (AIR 19, 35, 43), including 3 rank holders from the Jaipur batch.
How SAC Achieved 9 AIRs
A rank list like this doesn't come from any single factor. It's usually the outcome of a preparation system that's been refined over multiple attempts and multiple batches - which is worth unpacking rather than simply stating as a claim.
Teaching Methodology
SAC structures its CMA Inter and Final coaching around what the institute calls category-wise prioritisation - identifying high-weightage topics within each paper first, building strong command over those, and then filling in the rest of the syllabus. For a syllabus as wide as CMA Inter's eight papers across two groups, this sequencing matters more than trying to cover every topic with equal depth in the time available. The institute's CMA Course Syllabus 2026 guide breaks down this paper-wise weightage in more detail for students planning their own study sequence.
Role of Faculty
FCA Sachin Ajmera, who leads the institute, has over 23 years of teaching experience across CA and CMA coaching in Jaipur and has personally authored study material including a book on Strategic Costing. Faculty continuity - the same core teaching team across Foundation, Inter and Final - is something SAC points to as a factor in how students transition between levels without a drop-off in teaching quality or approach.
Test Series
Regular mock tests under timed, exam-simulated conditions are built into the CMA Inter and Final batches at SAC, rather than offered as an optional add-on closer to the exam. The reasoning is straightforward: descriptive, case-based papers reward students who have practised writing full-length answers within the time limit, not just students who know the content. Weekly tests through the course, followed by full-length mocks in the final months before the exam, are the structure the institute follows.
Mentorship
Beyond classroom teaching, SAC runs personal mentorship for students preparing for Inter and Final - tracking individual weak areas through test performance and adjusting revision focus accordingly, rather than applying a single study plan to every student in a batch.
Student Preparation Strategy
| Strategy Element | What It Involves |
|---|---|
| Both groups together | Attempting Group 1 and Group 2 in the same session rather than splitting them, to avoid losing 6-8 months per split attempt |
| High-weightage focus | Prioritising scoring topics (e.g., Cost Accounting, Direct/Indirect Tax in Inter; Strategic FM and Strategic Cost Management in Final) early in preparation |
| Regular mock tests | Weekly tests through the course, full-length simulated papers in the final 2-3 months |
| Answer presentation | Practising structured, case-study format answers for Final-level papers rather than relying only on content knowledge |
| Revision cycle | Repeated revision passes rather than a single read-through, especially for law and taxation papers where rules are updated frequently |
Students preparing for the next session can find a fuller breakdown of first-attempt strategy in SAC's 9 Proven Tips to Clear CMA Inter guide, and a broader look at why some candidates need multiple attempts in How Many Attempts to Clear CA or CMA? Students who've just cleared Foundation and are about to start this stage can look at the CMA Intermediate coaching program at SAC directly.
What Future CMA Aspirants Can Learn
A handful of patterns show up consistently among rank holders across sessions, not just this one:
- Both groups, one attempt. Splitting Inter or Final into separate attempts per group is common, but it typically adds 6-8 months to the overall timeline without a meaningful preparation advantage.
- Mock tests are non-negotiable, not optional. Rank holders consistently report giving significantly more full-length mock papers than the average candidate.
- Weak papers get equal attention. A 40% floor per paper means a single neglected subject can undo months of strong preparation elsewhere - most toppers describe deliberately allocating extra time to their weakest paper rather than their favourite one.
- Answer writing is a separate skill from content knowledge. Especially at the Final level, case-study and strategic-management papers reward structured presentation as much as correct content.
- Eligibility clarity avoids lost time. Students unsure whether they qualify for direct entry into Inter should check the CMA Course Eligibility 2026 requirements early, rather than losing an entire session to confusion over registration.
Expert Tips for Upcoming Exams
For students now preparing for the December 2026 session, a few practical points carry forward from this result:
- Start Final-level preparation early if you've just cleared Inter - momentum built right after a result tends to translate into a stronger first attempt.
- Treat every mock test as a real exam, including time pressure and no reference material.
- Revisit ICMAI's own study material and past papers rather than relying solely on third-party notes.
- For Inter, build a habit of writing full answers rather than just solving numericals mentally - examiners award marks for method and presentation.
- If you're deciding between coaching options, ask any institute for its actual merit-list data over multiple years, not a single session's numbers - and weigh that against the career and salary outcomes a completed CMA typically leads to, so the effort stays connected to the end goal.
Why Consistent Preparation Matters
CMA Inter and Final aren't exams where cramming close to the date reliably works - the descriptive, multi-paper format punishes uneven preparation more than it rewards last-minute effort on any one topic. A 98-AIR track record built across seven years, rather than concentrated in one exceptional batch, points to a preparation system that holds up session after session rather than a one-time result. That consistency is arguably more informative for a prospective student than any single result announcement, including this one.
Frequently Asked Questions
1. When was the CMA Inter & Final June 2026 result declared?
ICMAI declared the CMA Inter and Final June 2026 results on August 5, 2026, for exams held between June 11 and June 18, 2026.
2. How many All India Ranks did Sachin Ajmera Classes secure in June 2026?
SAC secured 9 All India Ranks in the CMA Inter & Final June 2026 result - 6 in Final and 3 in Inter.
3. Who are the CMA Final AIR holders from Sachin Ajmera Classes?
Khushi Gurbani (AIR 12), Khusbu (AIR 16), Hitesh Kumar Chhablani (AIR 20), Diksha Aswani (AIR 21), Rahul Dhanjani (AIR 22) and Ritika Kundnani (AIR 36).
4. Who are the CMA Inter AIR holders from Sachin Ajmera Classes?
Khushi Jain (AIR 19), Sachi Khandelwal (AIR 35) and Manas Kumar (AIR 43) - all three from the Jaipur batch.
5. What is SAC's total All India Rank count so far?
98 All India Ranks in CMA Inter and Final combined, achieved over the last seven years.
6. What is the passing criteria for CMA Inter and Final?
A minimum of 40% in each individual paper, plus a 50% aggregate across all papers in the group.
7. What should I do after clearing CMA Inter?
You can register for CMA Final and begin the practical training requirement. SAC's CMA Final coaching program is structured for students moving directly from Inter.
8. What should I do after clearing CMA Final?
You become eligible to apply for ICMAI membership and use the CMA designation professionally.
9. Can I apply for revaluation if I'm unhappy with my marks?
Yes, ICMAI allows candidates to apply for verification of answer papers within a specified window after result declaration, for a prescribed fee per paper.
10. Is it better to attempt both groups together in CMA Inter or Final?
Attempting both groups together in the same session is generally recommended, since splitting them typically adds 6-8 months to the overall timeline.
11. How can I check my own CMA Inter or Final result?
Visit icmai.in, go to the Examination tab, select Result, choose the relevant exam session, and enter your registration or identification number.
12. What happens if I don't clear this attempt?
You're eligible to reappear in the next session (December 2026) and can re-register for the exam form within the announced window.
13. Why do only some passing candidates get an All India Rank?
ICMAI's merit list typically covers only the top-ranked candidates nationally (commonly the top 50) per level, so passing and ranking are separate achievements - most candidates who pass do not appear on the merit list.
14. Does coaching institute choice affect CMA Inter/Final results?
Structured coaching with regular mock tests, updated study material and mentorship is widely associated with stronger first-attempt outcomes, though individual preparation and consistency remain the biggest factors.
15. Where can I see SAC's complete verified results history?
The institute's results page lists its documented All India Rankers across CA and CMA sessions for direct verification rather than summary claims.
Conclusion
The CMA Inter & Final June 2026 result gave thousands of students across India either the qualification they've been working toward or the green light to move into the next stage of the CMA course. For Sachin Ajmera Classes, this session added 9 more names to a merit-list count that now stands at 98 over seven years - a result built on category-wise preparation, consistent mock testing, and mentorship carried through from Foundation to Final. For students now looking ahead to December 2026, the underlying lesson from this result isn't really about one institute's numbers - it's that structured, consistent preparation across every paper, sustained over months rather than crammed into the final weeks, is what separates a pass from a rank.
Cleared CMA Inter and ready to start Final?
Explore the CMA Final coaching program at Sachin Ajmera Classes and begin your next stage with the same structured approach behind this session's results.
Preparing for the December 2026 attempt?
Book a free demo class or call SAC's counselling team at 9950290358 / 8107626660 to plan your CMA Inter or Final preparation before the next session begins.

CA Sachin Ajmera is a Fellow Chartered Accountant with 23+ years of teaching excellence, having mentored over 50,000 students and produced 89+ AIRs.
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