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IIFL Finance Q4 profit rises 16% to Rs 269 cr, total income at Rs 1,079 cr

IIFL Finance on Wednesday reported 16 per cent jump in standalone net profit at Rs 269 crore for March quarter 2022-23

The numbers don’t look better if lenders and insurance companies are excluded from the sample

Press Trust of India New Delhi

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IIFL Finance on Wednesday reported 16 per cent jump in standalone net profit at Rs 269 crore for March quarter 2022-23.
The non-banking financial company had posted a net profit of Rs 231 crore for the year-ago period.
Total income during January-March last fiscal rose to Rs 1,092 crore from Rs 1,079 crore, IIFL Finance said in a regulatory filing.
Interest income rose to Rs 905.67 crore during the quarter as against Rs 857.64 crore in the year-ago period.
During the year ended March 31, 2023, the company declared and paid an interim dividend of Rs 4 per equity share of face value of Rs 2 each, and the same is considered as final, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 26 2023 | 11:54 PM IST

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