IIFL Capital Services Q2FY27 Revenue ₹722 Cr, Profit ₹127 Cr

IIFL Capital Services Ltd (formerly IIFL Securities Ltd) announced its consolidated financial results for the quarter and half-year ended September 30, 2026. For Q2FY27, consolidated operating revenues were ₹722 crores, a 14% increase quarter-on-quarter (Q-o-Q) and a 22% increase year-on-year (Y-o-Y). Operating profit before tax (PBT) for the quarter stood at ₹206 crores, up 38% Q-o-Q and 25% Y-o-Y. Profit After Tax (PAT) for the quarter was ₹127 crores, a 49% increase Y-o-Y. For H1FY27, revenue from operations was ₹1,353 crores, up 12% Y-o-Y, and PAT was ₹311 crores, up 19% Y-o-Y. The company also announced plans for a wholly-owned NBFC subsidiary and leadership succession with the proposed appointment of Mr. Vasudev Jagannath. Fairfax's acquisition of up to 51% stake is under implementation.