IIFL Finance Limited — Investor Meet, 31-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
31-10-2024 · 08:21 pm
IIFL Finance Limited reported a Q2 FY'25 loss of ₹93 crores, attributed to an exceptional provision for AIF investments. The gold loan book improved from ₹10,000 crores to ₹12,000 crores after RBI lifted restrictions, with management expecting further recovery by March. The microfinance segment faces challenges but is anticipated to stabilize. The company's capital adequacy remains strong at 26.3%, and it aims to balance growth while maintaining compliance and customer satisfaction.
No comments yet. Be the first to comment!
