StockWatch
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Stockbroking & Allied
Quarterly Result23 Jul 2026, 07:20 pm

IIFL Capital Q1FY27 Revenue ₹631 Cr, Profit ₹184 Cr

AI Summary

IIFL Capital Services Ltd announced its consolidated financial results for the quarter ended June 30, 2026. Consolidated operating revenue stood at ₹631 crores, a 2% decrease quarter-on-quarter but a 2% increase year-on-year. Operating profit before tax was ₹149 crores, up 4% Q-o-Q but down 9% Y-o-Y. Profit after tax for the quarter was ₹184 crores, a significant 60% increase from the previous quarter and 5% from the previous year. Total assets under management reached ₹2,57,095 crores. The company also highlighted a proposed increase in shareholding by Fairfax India Holdings Corporation to at least 51%, subject to regulatory approvals, which is expected to strengthen the company's capital base and support growth.

Key Highlights

  • Consolidated revenue at ₹631 Cr, up 2% YoY.
  • Profit after tax surged 60% Q-o-Q to ₹184 Cr.
  • Assets under management reached ₹2,57,095 Cr.
  • Fairfax proposes to increase stake to over 51%.
  • Investment expected to bolster capital and growth.