Announced Wed, 28 Oct, 2026 · 19:36 IST
IIFL Capital Q2 revenue up 22%; proposed Fairfax stake deal advances
IIFLCAPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
For Q2 ended September 30, 2026, IIFL Capital reported operating revenue of ₹722 crore, up 14% QoQ and 22% YoY. Operating profit before tax rose 38% QoQ to ₹206 crore, while profit after tax fell 31% QoQ to ₹127 crore but increased 49% YoY. Half-year profit after tax was ₹311 crore, up 19%. Assets under management reached ₹2,64,154 crore. Fairfax's proposed purchase of up to 51% has cleared approvals and awaits completion.
Likely market impact
Strong revenue growth and Fairfax's proposed entry may lift sentiment, but lower quarterly profit and possible dilution remain risks.