IIFL Securities Ltd Q1FY23 consolidated net profit declines to Rs. 43.61 crores

IIFL Securities Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 294.7987 crores during the period ended June 30, 2022 as compared to Rs. 362.0478 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 43.6194 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 78.9527 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.42 for the period ended June 30, 2022 as compared to Rs. 2.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 294.7987 crs	₹362.0478 crs	-18.57%
Net Profit	₹43.6194 crs	₹78.9527 crs	-44.75%
EPS	₹1.42	₹2.56	-44.53%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 294.7987 crores during the period ended June 30, 2022 as compared to Rs.268.0558 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.43.6194 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.68.8426 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.42 for the period ended June 30, 2022 as compared to Rs.2.18 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 294.7987 crs	₹268.0558 crs	9.98%
Net Profit	₹43.6194 crs	₹68.8426 crs	-36.64%
EPS	₹1.42	₹2.18	-34.86%

Shares of IIFL Securities Limited was last trading in BSE at Rs. 72.55 as compared to the previous close of Rs. 72.00. The total number of shares traded during the day was 7724 in over 226 trades.

The stock hit an intraday high of Rs. 74.20 and intraday low of 72.10. The net turnover during the day was Rs. 562084.00.

Source : Equity Bulls

Keywords

IIFLSecurities Q1FY23 ResultUpdate