IIFL Finance Limited — Updates, 12-02-2025: Press Release

IIFL Finance Limited reported Q3FY25 results with a profit after tax of ₹82 Cr, a steep decline of 85% year-on-year. While home loans and MSME loans saw positive growth (19% and 31% respectively), overall loan assets under management (AUM) declined by 8% to ₹71,410 Cr. The company’s total income dipped 24% to ₹1,282 Cr, attributed to pressures on microfinance and gold loan segments, the latter witnessing a significant 39% decrease.

Despite the challenges, there are indications of improvement with a recovery anticipated due to supportive fiscal measures and a recent rate cut. The company maintains a solid liquidity position of ₹5,656 Cr, supported by new fundraising initiatives, including the successful $325 million Global Medium Term Note issuance. Investors should monitor the company's strategic adjustments in response to macroeconomic conditions, as the outlook shows potential optimism for forthcoming quarters. Asset quality, measured by gross NPA, increased to 2.4%, up 70 bps year-on-year.