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IIFL Finance Ltd Q1 FY24; 43% rise in Profits

IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages along with its subsidiaries.
It offers a wide spectrum of products such as Home loan, Gold loan, business loan, microfinance, capital market finance and developer & construction finance, etc.


Financial Results:

  • IIFL Finance Ltd reported Revenues for Q1FY24 of ₹2,305.00 Crores up from ₹1,931.00 Crore year on year, a rise of 19.37%.
  • Total Expenses for Q1FY24 of ₹1,752.00 Crores up from ₹1,541.00 Crores year on year, a rise of 13.69%.
  • Consolidated Net Profit of ₹473.00 Crores up 43.33% from ₹330.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹11.18, up 28.80% from ₹8.68 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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