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

IIFL Capital Services has announced a board meeting today, approving the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹617.37 crore, with a profit after tax of ₹175.34 crore. The board also approved the incorporation of a wholly-owned subsidiary in IFSC, GIFT City, signaling strategic expansion. Furthermore, the company will transfer its Portfolio Management Services (PMS) business to its subsidiary, IIFL Capital Asset Management Limited, for operational efficiency. Directors Mr. Anand Shailesh Bathiya and Mr. Viswanathan Krishnan were re-appointed for a second five-year term.