IIFL Capital Services Ltd approves Q2 FY27 results, reporting consolidated revenue of ₹714.40 crore and net profit of ₹126.61 crore
- Revenue rose 13.1% sequentially and 24.9% year on year; operating margin was 24.4%.
- Net profit was down 31.2% sequentially and up 48.7% year on year; limited reviews were unmodified, with no exceptional items.
- Board approved a proposed wholly owned NBFC subsidiary, subject to approvals, and Vasudev Jagannath’s appointment as Additional and Whole-time Director; his proposed MD re-designation is effective January 1, 2027, subject to approvals.