IIFL Finance Limited — Board Meeting, 23-10-2024: Outcome of Board Meeting

IIFL Finance Limited reported its unaudited financial results for Q2 and the first half of FY2024, revealing a net loss of ₹93.07 crore and ₹245.09 crore, respectively. The Reserve Bank of India lifted previous restrictions on the company's gold loan business, allowing operations to resume. Additionally, a 100% provision has been made for investments in Security Receipts as per regulatory requirements. Equity capital increased from recent share allotments under its Employee Stock Option Scheme.