IIFL Wealth Management reports consolidated net profit of Rs 103.30 crore in the March 2021 quarter

Sales decline 2.69% to Rs 420.00 crore

Net profit of IIFL Wealth Management reported to Rs 103.30 crore in the quarter ended March 2021 as against net loss of Rs 2.96 crore during the previous quarter ended March 2020. Sales declined 2.69% to Rs 420.00 crore in the quarter ended March 2021 as against Rs 431.62 crore during the previous quarter ended March 2020.

For the full year,net profit rose 83.53% to Rs 369.19 crore in the year ended March 2021 as against Rs 201.16 crore during the previous year ended March 2020. Sales rose 7.22% to Rs 1611.63 crore in the year ended March 2021 as against Rs 1503.08 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales420.00431.62 -3 1611.631503.08 7 OPM %53.3238.72 -55.4753.53 - PBDT145.6124.23 501 527.89327.44 61 PBT134.8214.17 851 484.92286.42 69 NP103.30-2.96 LP 369.19201.16 84

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