IIFL Finance Limited — Updates, 23-10-2024: Press Release

IIFL Finance reported a consolidated net loss of ₹93 crore for Q2 FY25, significantly down from the previous year. Home loans and loans against property saw growth of 21% and 18%, respectively, while gold loans faced a 54% decline due to a regulatory embargo. Overall loan AUM decreased by 8% year-on-year. The company has resumed its gold loan operations following regulatory relief and aims to strengthen financial performance moving forward.