IIFL Finance Q1 FY27 results: Profit jumps 160% YoY to Rs 713 crore
IIFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IIFL Finance reported Q1 FY27 consolidated net profit of Rs 713.13 crore, up 160% YoY from Rs 274.17 crore, on total income of Rs 3,921.88 crore (up 33%). Standalone net profit stood at Rs 467.11 crore. EPS was Rs 15.87 (consolidated). Asset quality improved with GNPA at 1.55% and NNPA at 0.82%, CRAR at 17.07%. Board noted stepping down of Mr. Amit Sharma as Business Head-Unsecured Lending. Company raised USD 500 million via 7.60% senior secured notes due 2029. Income tax demand of Rs 475.56 crore received; appeal filed.
Strong profit growth and healthy asset quality may lift sentiment; tax demand appeal and key personnel exit are near-term overhangs.