Capital Markets company IIFL Securities announced Q1FY24 results: Total Income stood at Rs 411.0 crore for Q1FY24 (up 39% YoY) Total Comprehensive Income stood at Rs 73.9 crore for Q1FY24 (up 75% YoY) Assets under management and custody stood at Rs 1,47,090 crore Profit after Tax stood at Rs 102.5 crore for Q1FY24 (up 67% YoY) R. Venkataraman, Chairman & Managing Director, IIFL Securities commented on the financial results, “We are pleased to inform you that we are yet again the No. 1 banker for equity IPOs in India, as per Prime database, which is also reflected in the revenues for the quarter that increased significantly. Outlook for the business remains sanguine.” Result PDF
Capital Markets Company IIFL Securities announced Q4FY23 results: Total income stood at Rs 405.2 crore for Q4FY23 (up 17% QoQ) Total comprehensive income stood at Rs 86.4 crore for Q4FY23 (up 35% QoQ) Assets under management and custody stood at Rs 1,24,573 crore The board of directors declared an interim dividend of Rs 3 per equity share having a face value of Rs 2 each during FY23 R Venkataraman, Chairman & Managing Director, IIFL Securities commented on the financial results: “Our company continued to perform well during the quarter, driven by the affluent broking and distribution businesses. During the quarter, we have worked towards sharpening our strategy and focusing on affluent customers in line with the reorganization scheme approved by the board. The reorganization scheme is awaiting regulatory approvals.” Result PDF