IIFL Finance Limited — Investor Meet, 28-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

IIFL Finance reported strong Q3 FY26, with consolidated AUM reaching INR 98,336 Cr (+9% QoQ), largely driven by gold loans (+26% QoQ to INR 43,432 Cr). Profit after tax grew 20% QoQ to INR 501 Cr. Asset quality improved significantly, with Gross NPA at 1.6% and Net NPA at 0.8%.

Management clarified that an income tax special audit is a routine procedural step following a search, not an allegation, and currently has no ascertainable financial impact. The housing finance portfolio cleanup is complete, targeting accelerated growth in affordable segments. Gold loan growth is projected at 25-26% QoQ. Credit costs are expected to fall below 2% next year. Overall AUM growth of 20-25% is anticipated for FY27, backed by strong capital and strategic partnerships. Management expressed confidence in their strategy and outlook.