Jun 19, 2017 03:44 PM IST
IIFL, in its report, has cut its earnings per share (EPS) estimate for Vardhman Textiles given two reasons, one is that they expect the international cotton prices to fall up to 8 percent and secondly the goods and services tax (GST) uncertainty. In an interview to CNBC-TV18, Neeraj Jain, Joint MD of Vardhman Textiles spoke about the latest happenings in his company and sector.
- Jan 27, 2017 09:56 AM IST
Decoding the company‘s third quarter earnings, Group CFO Prabodh Agrawal said that by February the company should be back to pre-demonetisation levels for disbursements. The company is seeing a recovery in January, he said.
- Jul 20, 2016 06:39 PM IST
Reacting to the news Nirmal Jain, Chairman of IIFL, said that the non-banking finance arm constitutes 70 percent of the business. "The NBFC is a wholly-owned subsidiary where the focus in on home loans," Jain said, adding that it is also targeting affordable housing.
- May 06, 2016 10:46 AM IST
Giving an outlook for the company, Prabodh Agrawal, Group CFO of IIFL said that there has been a slowdown in the mutual fund distribution business but the company has coped well with changes in mutual fund fee structure.
- Oct 26, 2015 10:32 AM IST
IIFL Holdings, the listed entity of the IIFL group, reported a 28 percent increase in consolidated net profit of Rs 140.3 crore for the September quarter on better asset quality and overall growth in revenue
- Jul 29, 2015 04:19 PM IST
In an interview with CNBC-TV18's Sonia Shenoy and Anuj Singhal, IIFL Chairman Nirmal Jain discussed the company's first-quarter earnings, his view on the earnings season and the economy overall, and the outlook on markets.
- Jan 29, 2015 03:01 PM IST
The company reported a consolidated net profit of Rs 112.3 crore which was up 2.6 percent versus Rs 109.5 crore quarter-on-quarter (Q-o-Q) for the third quarter ended December 2014
- Jan 30, 2014 02:07 PM IST
R Venkatraman, MD, India Infoline Group expects challenges for capital markets segment to continue going ahead.
- Jul 23, 2013 04:40 PM IST
In an interview to CNBC-TV18, R Venkataraman, Managing Director, India Infoline elaborates on the reasons why the company reported a dip in PAT from the previous quarter.
- Jan 30, 2013 04:22 PM IST
In an interview to CNBC-TV18, Nirmal Jain, chairman, India Infoline said overall the growth has been healthy across all segments. Year-on-year basis net profit had doubled and income too was up.
- Oct 05, 2011 05:49 PM IST
IIFL Chairman Nirmal Jain says that Carlyle will be invited onto the Board, subject to necessary approvals.
- Aug 01, 2011 02:53 PM IST
Reporting a 2.4% slip in the consolidated income in the first quarter of FY12, financial service provider IIFL says the brokerage industry is facing harsh times, however, believes the long term potential of the business is still going strong.
- May 07, 2011 05:52 PM IST
Speaking to CNBC-TV18, executive director R Venkataraman said the company registered significant growth in financing income. "Higher interest costs have impacted net income margins this time around," he said.