IIFL Capital Services Limited — Updates, 28-04-2025: Press Release

IIFL Capital Services reported total income of ₹2,567 Cr for FY25, marking a 15% YoY increase, though Q4FY25 income fell 19% YoY to ₹573 Cr. Profit after tax surged 39% YoY to ₹713 Cr for the year, but Q4FY25 profit declined 29% YoY to ₹128 Cr. The managing director emphasized a strategy shift from retail broking to wealth management, aiming to strengthen this segment amid challenging capital markets conditions and declining exchange volumes following recent leadership changes.