IIFL Finance Q1FY24 Results: Consolidated PAT of Rs. 425.40 Cr

IIFL Finance Q1FY24 Results: Consolidated PAT of Rs. 425.40 Cr

IIFL Finance Q1 results show revenue up from 2276.01 crores to 2370.70 crores, a 4.16% increase in growth. EPS rise from ₹10.79 to ₹11.11, up by 2.97%.

First, Let’s Begin with Quarter-on-Quarter Basis:

IIFL Finance shared its Q1 results on Thursday. They earned 2370.70 crores in revenue this quarter, but that’s more than the 2276.01 crores they made last quarter. The company’s growth increased by 4.16 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 425.40 crores, up from 412.74 crores in the previous quarter. Their quarter-to-quarter growth increased by 3.07 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹11.11, which is an increase of 2.97% from the ₹10.79 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 2370.70 crores this year (2023), which is 20.02 percent higher than last year’s total revenue of 1975.18 crores.

This year’s PAT (Profit After Tax) is 425.40 crores, which is also 29.03% higher than last year’s PAT of 329.69 crores.

The EPS (Earnings Per Share) for this year is ₹11.11, which is 28.74% more than the EPS of ₹8.63 earned last year.

Also Read: IEX Q1FY24 Results: Consolidated PAT Drops to Rs. 74.13 Cr

IIFL Finance Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About IIFL Finance:

IIFL Finance Limited, also known as IIFL and India Infoline Finance Limited, is a Mumbai-based Indian diversified financial services company. The organization was established by Nirmal Jain.

Download the Full PDF of IIFL Finance Q1 Results: Click Here

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