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IIFL Capital Services Ltd announced its consolidated financial results for the quarter ended March 2025, recording total revenue from operations of ₹5.37 billion. This marks a sequential decline of 8% from the previous quarter and a significant 28% drop year-on-year, reflecting challenging market conditions and a softer performance in key business segments.
The company’s total income for the quarter stood at ₹5.74 billion, with other income contributing ₹363 million. Expenses for the quarter were ₹4.10 billion, resulting in a profit before tax of ₹1.63 billion. After accounting for tax provisions of ₹352 million, the profit after tax came in at ₹1.28 billion, down 29% year-on-year.
Management attributed the decline to lower brokerage revenues and a softer quarter in investment banking, partially offset by gains in other income. Despite the short-term headwinds, IIFL Capital Services remains focused on ramping up its wealth management division and expects a recalibration of revenue streams in the coming quarters.
The company’s leadership emphasized ongoing investments in talent and technology to drive future growth, with a cautiously optimistic outlook for the next financial year.
Source: NSE Investor Presentation
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