logo
appgoogle
EquityWireEarnings Review: Rise in expenses drags IIFL Finance's Q1 PAT down 19% on yr
Earnings Review

Rise in expenses drags IIFL Finance's Q1 PAT down 19% on yr

This story was originally published at 19:08 IST on 30 July 2025
Register to read our real-time news.

Informist, Wednesday, Jul. 30, 2025

 

--IIFL Finance Apr-Jun consol PAT INR 2.33 bln vs INR 2.88 bln year ago 

--IIFL Finance Apr-Jun consol revenue INR 29.53 bln vs INR 26.21 bln yr ago 

 

By Srijita Bose

 

MUMBAI – IIFL Finance Ltd.'s consolidated net profit for the June quarter of 2025-26 (Apr-Mar) fell nearly 19% on year to INR 2.33 billion due to rise in expenses and fall in other income. This is the third straight quarter the company's profit has declined year on year. In the Jan-Mar quarter, the company's net profit was INR 2.08 billion. 

 

Total expenditure of the non-banking finance company rose 18.5% from a year ago to INR 26.03 billion in the June quarter. Within expenditure, finance costs rose to INR 12.89 billion from INR 10.42 billion a year ago. Impairment on financial instruments rose to INR 5.12 billion from INR 2.52 billion a year ago. Other expenses of the company rose to INR 2.59 billion from INR 2.41 billion a year ago.

 

Other income for the quarter slumped 46% on year to INR 64.7 million. Total income rose to INR 29.59 billion, up from INR 26.33 billion a year ago. Consolidated revenue of the company grew 12.7% on year to INR 29.53 billion in the June quarter.

 

Interest income of the non-banking financier rose to INR 25.83 billion from INR 24.72 billion a year ago. Fee and commission income rose 6.5% from a year ago to INR 1.08 billion. However, net gain on fair value changes fell nearly 32% to INR 326.5 million for the quarter.

 

On the asset quality front, the company's consolidated gross non-performing asset ratio was 2.34%, up from 2.23% in the previous quarter. The consolidated net non-performing asset ratio was 1.13%, up from 1.05% in the previous quarter.

 

On Wednesday, shares of the company ended 2.2% lower at INR 503.85 on the National Stock Exchange. The company announced its earnings after market hours.  End

 

Edited by Ashish Shirke

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillinkprint

Related Stories

Premium Stories

Subscribe