IIFL Q4 net profit jumps 57% to Rs 235 crore

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IIFL Q4 net profit jumps 57% to Rs 235 crore

New Delhi, May 4 (PTI) IIFL Holdings today reported a 57 per cent rise in consolidated net profit to Rs 234.55 crore in the fourth quarter ended March 2017.

The net profit was at Rs 149.70 crore during same period of 2015-16 fiscal.

for the full 2016-17, company’s consolidated net profit rose to Rs 822.18 crore from Rs 554.50 crore.

Total income in January-March quarter of 2016-17 was at Rs 1,404.44 crore compared to Rs 1,099.90 crore a year ago, the company said in a regulatory filing.

For 2016-17, the total income rose to Rs 4,924.78 crore in the March quarter as against Rs 3,962.33 crore in same period a year ago.

It is a diversified financial services company headquartered in Mumbai.

Shares of the company stock closed 1.56 per cent up at Rs 493.45 on BSE.

This is published unedited from the PTI feed.