IL&FS Investment Managers Limited — Important, 13-02-2025: Financial Result Updates

**IL&FS Investment Managers Limited – Financial Results Summary**

Total revenue for the quarter ended December 31, 2024, increased to ₹370.74 crore, marking a considerable rise from ₹75.51 crore in the same quarter last year. This impressive growth of 391% can be attributed to marked increases in other income, specifically significant gains from investments.

Net profit for the quarter was ₹141.23 crore, contrasting with a loss of ₹136.61 crore in the prior year, reflecting a robust turnaround in profitability. Earnings per share (EPS) stands at ₹0.05 for the quarter, a significant rebound compared to a loss of ₹0.09 a year ago.

Operational costs totaled ₹216.59 crore, up from ₹198.52 crore, primarily driven by an increase in employee benefits and other expenses. This represents a 9% increase in expenses, highlighting ongoing pressures on cost efficiency and management strategies.

The balance sheet remains stable with paid-up equity share capital steady at ₹6,280.85 crore and other equity unchanged, indicating resilience during challenging market conditions.

Looking ahead, the company's strategic focus appears to center on recovery from previous operational disruptions while exploring asset management opportunities. Market sentiment may be cautiously optimistic given the strong revenue growth and profit recovery.

From an investment perspective, considering the turnaround in profitability and solid revenue growth, a hold strategy may be advisable until further clarity on future operational performance and market expansion is achieved.