IIFL's consolidated net up 62% in Q4
The quarter witnessed strong uptend in capital market activities and financial product distribution
Neelasri Barman New Delhi IIFL posted a 62% growth year on year in consolidated net profit for the fourth quarter ended March 31, 2015 at Rs 131.7 crore. The consolidated income for the same period recorded a growth of 34% to Rs 1,056.7 crore.
The quarter witnessed strong uptend in capital market activities and financial product distribution as well as steady growth in fund based activities.
For the full fiscal ended March 31, 2015 the net profit was up by 61% to Rs 447.3 crore while the income was up by 29% to Rs 3, 666.4 crore.