IIFL Holdings reports 30% rise in Q2 consolidated net profit

IIFL Holdings has reported results for second quarter ended September 30, 2016.

The company has reported 28.82% fall in its net profit at Rs 16.65 crore for the quarter under review as compared to Rs 23.39 crore for the same quarter in the previous year. Total income of the company decreased by 11.74% at Rs 25.04 crore for the quarter under review as compared Rs 28.37 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 30.44% rise in its net profit after taxes, minority interest and share of profit of associates of Rs 183.12 crore for the quarter ended September 30, 2016 as compared to Rs 140.39 crore for the same quarter in the previous year. The total income of the company increased by 25.41% at Rs 1216.12 crore for quarter under review as compared to Rs 969.69 crore for the quarter ended September 30, 2015.