IIFL Finance shines on reporting 36% rise in Q2 consolidated net profit
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IIFL Finance is currently trading at Rs. 381.60, up by 19.65 points or 5.43% from its previous closing of Rs. 361.95 on the BSE.
The scrip opened at Rs. 373.00 and has touched a high and low of Rs. 385.20 and Rs. 367.15 respectively. So far 80206 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 395.15 on 28-Apr-2022 and a 52 week low of Rs. 266.60 on 27-Dec-2021.
Last one week high and low of the scrip stood at Rs. 385.20 and Rs. 351.70 respectively. The current market cap of the company is Rs. 14471.21 crore.
The promoters holding in the company stood at 24.90%, while Institutions and Non-Institutions held 25.76% and 49.34% respectively.
IIFL Finance has reported a rise of 19.22% in its net profit at Rs 220.47 crore for second quarter ended September 30, 2022 as compared to Rs 184.92 crore for the same quarter in the previous year. Total income of the company increased by 1.21% at Rs 1041.36 crore for Q2FY23 as compared Rs 1028.96 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 36.16% in its net profit at Rs 397.07 crore for second quarter ended September 30, 2022 as compared to Rs 291.61 crore for the same quarter in the previous year. Total income of the company increased by 19.73% at Rs 2051.44 crore for Q2FY23 as compared Rs 1713.37 crore for the corresponding quarter previous year.
