ALPHA TRIBE

IIFL Capital Services LimitedBoard Meeting, 28-07-2025: Outcome of Board Meeting

28-07-2025 | 07:30 pm

IIFL Capital's board has approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated net profit of ₹175.34 Cr, with total revenue from operations reaching ₹617.37 Cr.

In strategic moves, the board approved the incorporation of a new wholly-owned subsidiary in GIFT City IFSC. They also cleared the transfer of the Portfolio Management Services (PMS) business to IIFL Capital Asset Management Limited, an internal restructuring for operational efficiency. Additionally, Mr. Anand Shailesh Bathiya and Mr. Viswanathan Krishnan were re-appointed as Non-Executive Independent Directors for a second term of five years, pending shareholder approval.

No comments yet. Be the first to comment!

All announcements from IIFL Capital Services Limited