IIFL sees 20-25% growth in finance distribution arm ahead

IIFL reported a healthy top-line growth in FY11 and posted a consolidated net profit of Rs 47 crore against Rs 36 crore (QoQ). In an interview with CNBC-TV18, Nirmal Jain, Chairman, IIFL said that given the multiple headwinds for their business, the equity brokerage business has posted a decent growth of 16% in the fourth quarter of FY12.

APR 26, 2018
11:47 AM

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