HomeNewsBusinessEarningsIIFL Holdings Q3 net profit rises 32% to Rs 236 cr

IIFL Holdings Q3 net profit rises 32% to Rs 236 cr

Its net profit in the corresponding October-December quarter of 2016-17 was at Rs 179.07 crore.

January 31, 2018 / 20:30 IST
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We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

IIFL Holdings registered an increase of 32 per cent in its consolidated net profit at Rs 235.76 crore during the third quarter ended December 2017.

Its net profit in the corresponding October-December quarter of 2016-17 was at Rs 179.07 crore.

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Total income, however, fell to Rs 1,671.66 crore during the quarter from Rs 1,273.68 crore in the same period of the previous fiscal, the company said in a regulatory filing.

The board of directors of the company at the meeting held today also declared an interim dividend of Rs 5 per equity share.