IIFL Finance consolidated net profit declines 9.53% in the March 2024 quarter

Sales rise 30.46% to Rs 2853.57 crore

Net profit of IIFL Finance declined 9.53% to Rs 373.41 crore in the quarter ended March 2024 as against Rs 412.74 crore during the previous quarter ended March 2023. Sales rose 30.46% to Rs 2853.57 crore in the quarter ended March 2024 as against Rs 2187.36 crore during the previous quarter ended March 2023.

For the full year,net profit rose 17.55% to Rs 1763.54 crore in the year ended March 2024 as against Rs 1500.30 crore during the previous year ended March 2023. Sales rose 23.94% to Rs 10249.43 crore in the year ended March 2024 as against Rs 8269.69 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2853.572187.36 30 10249.438269.69 24 OPM %56.4264.37 -62.3964.20 - PBDT604.19636.12 -5 2752.732265.11 22 PBT553.69594.03 -7 2571.912112.52 22 NP373.41412.74 -10 1763.541500.30 18

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