IIFL Finance Q4 net profit jumps two-fold to Rs 623 cr

IIFL Finance on Wednesday reported over two-fold increase in consolidated net profit to Rs 623 crore for the fourth quarter ended March 2026, due to a rise in interest income and improved asset quality. The consolidated total income during January-March 2026 rose to Rs 3,700 crore compared to Rs 2,594 crore in the year-ago period, IIFL Finance said in a regulatory filing.

IIFL Finance on Wednesday reported over two-fold increase in consolidated net profit to Rs 623 crore for the fourth quarter ended March 2026, due to a rise in interest income and improved asset quality. The company had earned a net profit of Rs 251 crore in the same quarter a year ago. The consolidated total income during January-March 2026 rose to Rs 3,700 crore compared to Rs 2,594 crore in the year-ago period, IIFL Finance said in a regulatory filing. Interest income of IIFL Finance, which offers a range of loans and mortgages, increased to Rs 3,330 crore during the quarter against Rs 2,483 crore in the year-ago period. During the quarter, the gross non-performing assets moderated to 1.46 per cent from 2.2 per cent at the end of March 2025. At the same time, the net NPAs also eased to 0.73 per cent against 1 per cent at the end of the fourth quarter of the previous year. For the entire financial year 2025-26, the firm reported an increase in profit to Rs 1,817 crore against Rs 578 crore in the previous year. The total income during the financial year rose to Rs 13,374 crore compared to Rs 10,237 crore a year ago. The consolidated Asset Under Management (AUM) rose to Rs 1,08,180 crore, registering an annual growth of 38 per cent. ''As we move into FY27, we are well-positioned to deliver sustainable, high-quality growth while continuing to serve underserved segments across India,'' IIFL Finance MD Nirmal Jain said.