IIFL Capital Services Limited — Updates, 22-10-2024: Press Release

IIFL Securities Limited reported strong financial performance for Q2 and H1 FY25, with total income rising 32% year-on-year to ₹703.7 crores, driven by growth across all business segments. Profit after tax surged 91% to ₹205.3 crores. Key highlights include a 17% increase in brokerage revenue and a 35% rise in investment banking revenues. The managing director emphasized robust business momentum and an active deal pipeline, focusing on enhancing technological capabilities and wealth management.