IIFL Capital Services Ltd reports Q2 FY27 consolidated revenue of ₹714.40 crore and net profit of ₹126.61 crore
- Revenue rose 13.1% sequentially and 24.9% year on year; net profit declined 31.2% sequentially and increased 48.7% year on year.
- Reported H1 FY27 operating margin was 31% on the company’s stated basis.
- Board approved incorporating a wholly owned subsidiary for NBFC activities, subject to approvals.
- Vasudev Jagannath was appointed Additional and Whole-time Director; MD re-designation is effective January 1, 2027, subject to approvals.