IIFL Capital Q1 FY27 PAT up 4.9% YoY at 184 cr; Fairfax to raise stake to 51%
IIFLCAPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Consolidated revenue grew 6% YoY to 721 crore, PAT rose 4.9% to 184 crore. EPS stood at 5.92. Fairfax to invest about 2000 crore via preferential issue at 350 per share to raise stake to 51%, joining promoter group with two board nominations. Board approved NCD issuance up to 1000 crore over one year. Income tax department raised 24.37 crore demand (group) for block period FY19 to FY25; company has filed appeal. Five senior management personnel redesignated. Auditor issued unmodified opinion.
Steady earnings, Fairfax investment lifts institutional credibility; tax demand appeal and equity dilution from preferential issue are key watchpoints. NCD plan signals expansion.