IIFL Finance

FY24 Second Quarter Financial Results

AUM 73,066 Cr
NET REVENUES 1,599 Cr
PROFIT AFTER TAX 526 Cr
EARNINGS PER SHARE (Not Annualized) ₹12.5
RETURN ON EQUITY 20.1%
RETURN ON ASSETS 3.9%

FY24 Second Quarter Financial Results

Nirmal Jain - Chairman and Managing Director

“The financial results for the quarter vindicate our strategy focused on retail loans to relatively under-banked customer segments and in credit under-penetrated geographies. We have been at the forefront of digital technology and are very excited to see the unprecedented opportunities emerging from digital infrastructure our country has put in place and advancements in machine learning and artificial intelligence. We are at the cusp of revolutionary changes in the lending ecosystem. We are making the requisite investments in human and technology resources to tap the potential of retail lending in India."

Nirmal Jain Chairman and Managing Director

Contacts

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