IIFL Wealth Management Limited, founded in 2008, is one of the largest private wealth management firms in India. The company mainly acts as wealth manager and provides services relating to financial products distribution, advisory, portfolio management services by mobilizing funds and assets of various classes of investors including High Networth Individuals.
Financial Results:
360 ONE WAM Ltd reported Revenues for Q2FY25 of ₹863.00 Crores up from ₹550.00 Crore year on year, a rise of 56.91%.
Total Expenses for Q2FY25 of ₹571.00 Crores up from ₹397.00 Crores year on year, a rise of 43.83%.
Consolidated Net Profit of ₹245.00 Crores up 31.72% from ₹186.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹6.73, up 29.17% from ₹5.21 in the same quarter of the previous year.