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IIFL Wealth Management standalone net profit declines 69.57% in the September 2021 quarter

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Capital Market

Sales rise 215.55% to Rs 26.38 crore

Net profit of IIFL Wealth Management declined 69.57% to Rs 105.13 crore in the quarter ended September 2021 as against Rs 345.53 crore during the previous quarter ended September 2020. Sales rose 215.55% to Rs 26.38 crore in the quarter ended September 2021 as against Rs 8.36 crore during the previous quarter ended September 2020. ParticularsQuarter EndedSep. 2021Sep. 2020% Var.Sales26.388.36 216 OPM %31.20-65.31 -PBDT112.67347.87 -68 PBT109.84345.00 -68 NP105.13345.53 -70

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First Published: Oct 28 2021 | 8:25 AM IST

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