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IIFL Finance Ltd Q1FY25; 29% fall 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 Q1FY25 of ₹2,613.00 Crores up from ₹2,301.00 Crore year on year, a rise of 13.56%.

Total Expenses for Q1FY25 of ₹2,189.00 Crores up from ₹1,752.00 Crores year on year, a rise of 24.94%.

Consolidated Net Profit of ₹338.00 Crores down 28.54% from ₹473.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.79, down 32.50% from ₹10.06 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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