IIFL Securities Ltd Q3 FY2024 consolidated net profit jumps to Rs. 149.96 crores

IIFL Securities Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 582.2736 crores during the period ended December 31, 2023 as compared to Rs. 533.6629 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 149.9642 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 107.7724 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.88 for the period ended December 31, 2023 as compared to Rs. 3.51 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 582.2736 crs	₹533.6629 crs	9.11%
Net Profit	₹149.9642 crs	₹107.7724 crs	39.15%
EPS	₹4.88	₹3.51	39.03%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 582.2736 crores during the period ended December 31, 2023 as compared to Rs.346.9876 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.149.9642 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.64.5298 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.88 for the period ended December 31, 2023 as compared to Rs.2.10 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 582.2736 crs	₹346.9876 crs	67.81%
Net Profit	₹149.9642 crs	₹64.5298 crs	132.40%
EPS	₹4.88	₹2.10	132.38%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1526.9283 crores during the 9 Months period ended December 31, 2023 as compared to Rs.965.1902 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.332.4710 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.163.8184 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.10.83 for the 9 Months period ended December 31, 2023 as compared to Rs.5.33 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1526.9283 crs	₹965.1902 crs	58.20%
Net Profit	₹332.4710 crs	₹163.8184 crs	102.95%
EPS	₹10.83	₹5.33	103.19%

Shares of IIFL Securities Limited was last trading in BSE at Rs. 164.10 as compared to the previous close of Rs. 166.90. The total number of shares traded during the day was 70156 in over 1684 trades.

The stock hit an intraday high of Rs. 168.85 and intraday low of 163.30. The net turnover during the day was Rs. 11670713.00.

Source : Equity Bulls

Keywords

IIFLSecurities Q3FY24 9MFY24 ResultUpdate