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IFL Enterprises LtdUpdates, 01-08-2025: Company Update

01-08-2025 | 04:25 pm

IFL Enterprises Board has approved a strategic investment from UNIQUBE Global Managed Services PTE. LTD., Singapore, for up to 12% equity at ₹2 per share. This significant step enhances investor confidence and supports the company’s strategic expansion into the high-growth Organic Waste Management and Recycling sector. For the quarter, IFL reported robust financial results: revenue was Rs 33.41 Cr, up 118.5% year-on-year, and net profit surged to Rs 5.15 Cr, a 170x gain. The company also successfully concluded a Rs 49.14 Cr Rights Issue and saw four FPIs collectively acquire a 16.08% stake.

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