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IIFL today said its profit after tax for the second quarter ended September 30 of the 2013-14 fiscal rose by a marginal 0.8% at Rs 66.4 crore.
The India Infoline group company had reported PAT of Rs 65.8 crore in the July-September quarter of 2012-13 fiscal.
The total income of the company in Q2, 2013-14 increased by 4.6% to Rs 683.5 crore, from Rs 653.2 crore in the year-ago period.
"We...Report positive growth, quarter-over-quarter as well as year-over-year, despite significant head winds from adverse capital market conditions and high interest cost," IIFL Chairman Nirmal Jain said in a statement.
"Our financing business has emerged as the key driver and is delivering a steady growth, whereas capital market related business has contracted considerably," he added.
IIFL is a financial services provider that offers advice and execution platform covering products such as equities and derivatives, commodities and wealth management.
