Categories AlphaGraphs, Earnings

IIFL Securities Ltd Q1 FY24; 74% rise in Profits

Incorporated in 1996 as a broking arm of the IIFL Group, IIFL Securities Limited provides retail and institutional equities, financial products distribution, commodity broking, currency broking, investment banking, financial planning and wealth management services to retail and institutional customers across India.

Financial Results:

  • IIFL Securities Ltd reported Revenues for Q1FY24 of ₹409.00 Crores up from ₹292.00 Crore year on year, a rise of 40.07%.
  • Total Expenses for Q1FY24 of ₹308.00 Crores up from ₹233.00 Crores year on year, a rise of 32.19%.
  • Consolidated Net Profit of ₹75.00 Crores up 74.42% from ₹43.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.45, up 71.33% from ₹1.43 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.

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