In comparison, the company had posted a net profit of Rs 86.4 crore in the year-ago period, IIFL Securities said in a statement.
Fairfax Financial Holdings offloaded 5.89% stake in IIFL Securities on August 16.
As many as 1871 shares advanced, 1541 shares declined, and 118 shares remained unchanged on June 20.
Expensive valuations (due to recent rally and depressed earnings estimate) and an uncertain recovery path (of the economy) are likely to weigh on equity markets.