IIFL Securities has reported results for fourth quarter and year ended March 31, 2021.
The company has reported a fall of 32.04% in its net profit at Rs 39.88 crore for the quarter under review as compared to Rs 58.68 crore for the same quarter in the previous year. However, total income of the company increased by 23.19% at Rs 224.42 crore for Q4FY21 as compared Rs 182.17 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2- fold jump in its net profit attributable to owners at Rs 77.32 crore for the quarter under review as compared to Rs 37.27 crore for the same quarter in the previous year. Total income of the company increased by 22.09% at Rs 256.19 crore for Q4FY21 as compared Rs 209.84 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a rise of 21.19% in its net profit at Rs 172.84 crore as compared to Rs 142.62 crore for the previous year. Total income of the company increased by 18.07% at Rs 760.08 crore for year under review as compared to Rs 643.74 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 5.84% in its net profit at Rs 220.33 crore as compared to Rs 233.98 crore for the previous year. However, total income of the company increased by 9.83% at Rs 867.62 crore for year under review as compared to Rs 789.95 crore for year ended March 31, 2020.