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IIFL Finance reports 37% rise in Q3 consolidated net profit

31 Jan 2023 Evaluate

IIFL Finance has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 29.73% in its net profit at Rs 159.03 crore for the quarter under review as compared to Rs 226.32 crore for the same quarter in the previous year. Total income of the company decreased 16.13% at Rs 986.28 crore for Q3FY23 as compared to Rs 1176.03 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 36.57% in its net profit at Rs 423.21 crore for the quarter under review as compared to Rs 309.88 crore for the same quarter in the previous year. Total income of the company increased 16.33% at Rs 2144.56 crore for Q3FY23 as compared to Rs 1843.58 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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