IIFL Capital Services trades higher on reporting 31% rise in Q3 consolidated net profit
![IIFL Capital Services trades higher on reporting 31% rise in Q3 consolidated net profit](https://portfolio.investmentguruindia.com/uploads/news/Finance_125.jpg)
IIFL Capital Services is currently trading at Rs. 221.55, up by 1.90 points or 0.87% from its previous closing of Rs. 219.65 on the BSE.
The scrip opened at Rs. 223.00 and has touched a high and low of Rs. 230.75 and Rs. 212.95 respectively. So far 29056 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 449.00 on 21-Oct-2024 and a 52 week low of Rs. 108.30 on 20-Mar-2024.
Last one week high and low of the scrip stood at Rs. 262.85 and Rs. 218.35 respectively. The current market cap of the company is Rs. 6703.23 crore.
The promoters holding in the company stood at 30.71%, while Institutions and Non-Institutions held 23.10% and 46.18% respectively.
IIFL Capital Services has reported 14.74% rise in net profit at Rs 169.55 crore for third quarter ended December 31, 2024 as compared to Rs 147.77 crore for the same quarter in the previous year. Total revenue of the company increased by 9.96% at Rs 554.19 crore for Q3FY25 as compared to Rs 504.00 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 31.04% rise in its net profit at Rs 197.23 crore for the quarter ended December 31, 2024 as compared to Rs 150.51 crore for the same quarter in the previous year. Total revenue of the company increased by 11.02% at Rs 646.45 crore for Q3FY25 as compared to Rs 582.27 crore for the corresponding quarter previous year.
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