IIFL Securities has reported results for fourth quarter and year ended March 31, 2022.
The company has reported above 2-fold jump in its net profit at Rs 116.35 crore for the quarter under review as compared to Rs 39.88 crore for the same quarter in the previous year. Total income of the company increased by 66.05% at Rs 372.65 crore for Q4FY22 as compared Rs 224.42 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 2.03% in its net profit at Rs 78.88 crore for the quarter under review as compared to Rs 77.31 crore for the same quarter in the previous year. Total income of the company increased by 41.32% at Rs 362.05 crore for Q4FY22 as compared Rs 256.19 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 64.38% in its net profit at Rs 284.11 crore as compared to Rs 172.84 crore for the previous year. Total income of the company increased by 51.38% at Rs 1150.52 crore for year under review as compared to Rs 760.08 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 38.82% in its net profit at Rs 305.83 crore as compared to Rs 220.31 crore for the previous year. Total income of the company increased by 51.72% at Rs 1316.41 crore for year under review as compared to Rs 867.62 crore for year ended March 31, 2021.