IIFL Finance Q4 profit rises 16% ₹269 cr

Updated - April 27, 2023 at 10:45 AM.

the company had paid an interim dividend of ₹4 per equity share of face value of ₹2 each

Nirmal Jain, founder and chaiman, IIFL Finance

IIFL Finance on Wednesday reported 16 per cent jump in standalone net profit at ₹269 crore for March quarter 2022-23.

The non-banking financial company had posted a net profit of ₹231 crore for the year-ago period.

Total income during January-March last fiscal rose to ₹1,092 crore from ₹1,079 crore, IIFL Finance said in a regulatory filing.

Interest income rose to ₹905.67 crore during the quarter as against ₹857.64 crore in the year-ago period.

During the year ended March 31, 2023, the company declared and paid an interim dividend of ₹4 per equity share of face value of ₹2 each, and the same is considered as final, it said.

Published on April 27, 2023 05:15

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.