IIFL Finance rises over 6% as Q2 PAT surges 36% YoY
The firm’s annualized ROE and ROA for the second quarter of the financial year 2022-23 stood at 20% and 3%, respectively. Core pre-provision operating profit stood at Rs 685 crore for the quarter up 23% year-on-year (YoY). The average borrowing costs of the company for the quarter fell 3 bps quarter-on-quarter (QoQ) and 29 bps YoY to 8.4%.
