IIFL Holdings reports 28% rise in Q2 consolidated net profit

IIFL Holdings reports 28% rise in Q2 consolidated net profit

Total income of the company has increased by 15.43% at Rs 1031.84 crore for quarter under review
IIFL Holdings has reported results for second quarter ended September 30, 2015.

The company has reported 74.43% fall in its net profit at Rs 23.39 crore for the quarter ended September 30, 2015 as compared to Rs 91.46 crore for the same quarter in the previous year. The company’s total income has decreased by 69.40% to Rs 28.37 crore for the quarter under review from Rs 92.71 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 28.22% rise in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 140.39 crore for the quarter ended September 30, 2015 as compared to Rs 109.49 crore for the same quarter in the previous year. Total income of the company has increased by 15.43% at Rs 1031.84 crore for quarter under review as compared to Rs 893.88 crore for the quarter ended September 30, 2014.
source:ventura