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IIFL Holdings reports 15% rise in Q1 consolidated net profit

30 Jul 2015 Evaluate

IIFL Holdings has reported results for first quarter ended June 30, 2015.

The company has reported over 15 fold jump in its net profit at Rs 38.85 crore for the quarter ended June 30, 2015 as compared to Rs 2.52 crore for the same quarter in the previous year. The company’s total income jumped around 10 fold to Rs 49.62 crore for the quarter under review from Rs 5.02 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 14.75% rise in its net profit after tax, share of profit of associates and minority interests at Rs 107.65 crore for the quarter ended June 30, 2015 as compared to Rs 93.82 crore for the same quarter in the previous year. Total income of the company has increased by 21.82% at Rs 963.96 crore for quarter under review as compared to Rs 791.28 crore for the quarter ended June 30, 2014.

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