CMA Dec 2025 Foundation Result has been declared by the Institute of Cost Accountants of India. Along with the result, the merit list for the December 2025 term under the Foundation Syllabus 2022 has also been released. Out of more than 16,000 candidates, a total of 22 students secured positions within the top 10 ranks, reflecting strong nationwide performance.
CMA Dec 2025 Foundation Toppers List and City-Wise Performance
According to the official merit data, Vidhan Chhabra from Jaipur secured All India Rank 1, followed by Krishna Shishodiya from Beawar at Rank 2. The top 10 list includes 13 female and 9 male candidates, indicating balanced representation. City-wise analysis shows Jaipur and Beawar leading with three toppers each, followed by Pune, Surat, and Bikaner, highlighting a wide regional spread of high performers.
Next Step After CMA Foundation Result
Candidates who have successfully cleared the CMA Foundation December 2025 examination are now eligible to enrol for the CMA Intermediate course as per ICMAI guidelines. The release of the merit list marks the completion of the December 2025 Foundation examination cycle.

