IIFL Finance Limited has informed the Exchange regarding Outcome of Board Meeting held on April 29, 2026.
IIFL · price
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IIFL Finance Limited reported strong FY2026 results with consolidated net profit of ₹1,816.70 crore, a 214% jump from ₹578.16 crore in FY2025. Total income grew 31% to ₹13,373.83 crore. The Board approved audited financial results with an unmodified auditors opinion. Key appointments include Mr. Vinay Agrawal as Business Head - Loan Against Property and Shah Gupta & Co. as Joint Statutory Auditor. The company also received approval to raise up to ₹10,000 crore via non-convertible securities on private placement basis for FY2026-27. Asset quality remained healthy with GNPA at 1.46% and NNPA at 0.73%. The company had previously declared an interim dividend of ₹4 per share.
The company delivered exceptional profit growth year-on-year, indicating strong operational performance. The fund-raising approval provides flexibility for future capital needs. Healthy asset quality ratios and improved margins suggest a positive outlook for shareholders.