IIFL Securities zooms on reporting 10% rise in Q4 consolidated net profit

25 Apr 2023 Evaluate

IIFL Securities is currently trading at Rs. 59.62, up by 4.72 points or 8.60% from its previous closing of Rs. 54.90 on the BSE.

The scrip opened at Rs. 62.66 and has touched a high and low of Rs. 62.66 and Rs. 58.60 respectively. So far 89432 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 102.75 on 26-Apr-2022 and a 52 week low of Rs. 48.23 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 62.66 and Rs. 53.10 respectively. The current market cap of the company is Rs. 1827.98 crore.

The promoters holding in the company stood at 31.14%, while Institutions and Non-Institutions held 19.68% and 49.17% respectively.

IIFL Securities has reported rise of 4.36% in its net profit at Rs 121.42 crore for fourth quarter (Q4) and year ended March 31, 2023 as compared to Rs 116.35 crore for the same quarter in the previous year. Total income of the company increased by 3.37% at Rs 385.19 crore for Q4FY23 as compared to Rs 372.65 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 9.53% in its net profit at Rs 86.40 crore for fourth quarter ended March 31, 2023 as compared to Rs 78.88 crore for the same quarter in the previous year. Total income of the company increased by 11.92% at Rs 405.20 crore for Q4FY23 as compared to Rs 362.05 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported fall of 0.24% in its net profit at Rs 283.43 crore as compared to Rs 284.11 crore for the previous year. However, total income of the company increased by 10.30% at Rs 1,269.03 crore for year under review as compared to Rs 1,150.52 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 18.32% fall in its net profit at Rs 249.81 crore as compared to Rs 305.83 crore for the previous year. However, total income of the company increased by 4.10% at Rs 1,370.39 crore for year under review as compared to Rs 1,316.41 crore for year ended March 31, 2022.

IIFL Securities Share Price

167.50 2.75 (1.67%)
17-May-2024 14:39 View Price Chart
Peers
Company Name CMP
Bajaj Finserv 1582.50
Paul Merchants 889.50
Data Infrastructure 140.10
IIFL Finance 399.80
Embassy Office Parks 342.11
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