IIFL Finance has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 17.22% fall in net profit at Rs 131.65 crore for the quarter ended December 31, 2023 as compared to Rs 159.03 crore for the same quarter in the previous year. However, total income of the company increased by 17.90% at Rs 1,162.82 crore for Q3FY24 as compared Rs 986.28 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 28.82% rise in its net profit at Rs 545.19 crore for Q3FY24 as compared to Rs 423.21 crore for the same quarter in the previous year. Total income of the company increased by 25.64% at Rs 2,694.36 crore for Q3FY24 as compared Rs 2,144.47 crore for corresponding quarter of the previous year.