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IIFL Finance Ltd Q4FY24; 6% 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 Q4FY24 of ₹2,854.00 Crores up from ₹2,187.00 Crore year on year, a rise of 30.5%.

Total Expenses for Q4FY24 of ₹2,368.00 Crores up from ₹1,682.00 Crores year on year, a rise of 40.78%.

Consolidated Net Profit of ₹431.00 Crores down 5.9% from ₹458.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.81, down 9.73% from ₹9.76 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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