IIFL Finance Q1 Profit Surges 189%

IIFL Finance reported robust Q1 FY27 results with net profit rising around 160-189% year-on-year and total income up about a third, driven by stronger net interest income and a surge in gold loans that boosted assets under management by 38%. The company also reported healthy capital adequacy (CRAR 24.3%) with low NPAs, and signaled plans to raise equity to fund growth while maintaining asset quality, supported by a stable Moody's rating.