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Informist, Wednesday, Jul. 22, 2026

 

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--IIFL Finance Apr-Jun consol profit INR 6.75 bln 
--IIFL Finance Apr-Jun consol revenue INR 39.19 bln 
--IIFL Finance Apr-Jun consol PAT INR 6.75 bln vs INR 2.33 bln year ago 
--IIFL Finance Q1 consol revenue INR 39.19 bln vs INR 29.53 bln year ago 
--IIFL Finance consol AUM INR 1.16 tln on Jun 30, up 38% on year 
--IIFL Finance gross NPA ratio 1.6% on Jun 30, up 9 bps on qtr 
--IIFL Finance net NPA ratio 0.8% on Jun 30, up 9 bps on qtr 
--IIFL Finance provision coverage ratio 94% on Jun 30 
--IIFL Finance MD: Gold loan growth may slow down, but will stay important 
--IIFL Finance MD: Expect mortgages, secured MSME segments to gain momentum 
--IIFL Finance aiming for 25% YoY growth in AUM for FY27 

 

By J. Navya Sruthi

 

MUMBAI – IIFL Finance Ltd.'s consolidated net profit for the June quarter skyrocketed owing to healthy growth in the company's total income. This growth was mainly on account of strong growth in the company's interest income.

 

The non-banking finance company's consolidated net profit for the June quarter surged almost three-fold on an annual basis to INR 6.75 billion. Its consolidated total income rose nearly 33% on year to INR 39.22 billion.

 

The company's interest income, which is almost 95% of its net revenue, rose over 44% on year to INR 37.23 billion. Its consolidated net revenue for the quarter under review was INR 39.19 billion, up nearly 33% on year.

 

Finance costs incurred by the company during the quarter were up over 33% on year at INR 17.20 billion. The company's employee costs during the quarter rose nearly 21% on year to INR 5.99 billion. However, this increase was partially offset by a fall of nearly 43% on year in impairment on financial instruments to INR 2.94 billion. This fall limited the rise in total expenses of the non-banking finance company to 15% on year at INR 29.93 billion.

 

The company's consolidated assets under management rose 38% on year to INR 1.16 trillion as on Jun. 30. Its gross non-performing asset ratio was 1.6% at the end of the quarter, up 9 basis points on quarter. The net non-performing assets ratio was 0.8%, also up 9 bps sequentially.

 

The company's profit before tax rose 161% on year to INR 9.29 billion in the June quarter, reflecting strong operating leverage and improved asset quality, it said in a release. The provision coverage ratio was 94% as on Jun. 30.

 

"With a robust balance sheet, an AI-led (artificial intelligence-led) operating model and deepening bank partnerships, we are confident of delivering resilient, capital-efficient growth through FY27 while serving underserved segments across India," said Nirmal Jain, founder and managing director of the company. 

The gold loan assets under management, which comprise 51% of the total assets under management of the company, rose 11% sequentially to INR 584.06 billion in the June quarter. "Gold loans have powered growth and although the pace of growth can slow down, it remains a core engine, with mortgages and secured MSME (micro, small, and medium enterprises) expected to gain momentum," Jain said.

 

"IIFL Finance enters the rest of FY27 with strong momentum, a robust balance sheet, and a clear strategic roadmap targeting 25% AUM growth," according to the release. The company will focus on scaling secured-lending franchises, expanding co-lending partnerships with banks, a proposed equity raise, and maintaining superior asset quality and capital discipline. 

 

Wednesday, shares of IIFL Finance ended at INR 570.35 on the National Stock exchange, down 0.3% from Tuesday. The non-bank lender detailed its earnings after the stock market closed.  End

 

Edited by Rajeev Pai

 

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