IIFL Securities Reports 66% Increase In Revenue: Q2 Results


IIFL Securities has witnessed a total brokerage revenue year-on-year increase of 66 per cent, reaching Rs 270.6 crore.

In the first half of the current fiscal year, IIFL Securities reported a profit after tax of Rs 181.4 crore, marking a significant growth of 86 per cent, while its total income surged by 53 per cent to reach Rs 945 crore. This stellar performance has propelled the shares of IIFL Securities, with a remarkable 18 per cent surge, hitting a 52-week high of Rs 111.08 on the BSE. As of 2 PM, the stock was trading at Rs 107.9, reflecting a 14.74 per cent increase.

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