IIFL Finance Q2 FY27 Consolidated Net Profit After Tax at Rs. 805.01 crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Oct 2026, 03:59 PM IST · BSE ID: 25b609f4-6a41-4781-9107-b6d5acfaa221
View Original BSE Filing (PDF)
💡
In Simple Terms
IIFL Finance reported its latest quarterly profits and revenues, along with changes to its board and an acquisition plan.
🤖 AI Summary
- IIFL Finance reported consolidated net profit after tax of Rs. 805.01 crore for the quarter ended September 30, 2026.
- Total consolidated revenue from operations reached Rs. 4,246.45 crore for Q2 FY27.
- Mr. R Venkataraman re-designated from Joint Managing Director to Non-Executive Non-Independent Director effective October 15, 2026.
- Board approved a proposal to acquire India Infoline Foundation from IIFL Capital Services Limited.
- Consolidated net profit attributable to owners of the company was Rs. 766.42 crore for the quarter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net profit after tax (Q2 FY27)
805.01 crore
92.61%
Total revenue from operations (Q2 FY27)
4,246.45 crore
28.48%
Interest income (Q2 FY27)
4,069.38 crore
44.25%
Finance cost (Q2 FY27)
1,908.64 crore
38.11%
🏢 How This Affects the Company
The proposed acquisition of India Infoline Foundation from IIFL Capital Services Limited indicates a strategic consolidation or restructuring of group entities, pending regulatory approvals.
Consolidated net profit after tax for the quarter ended September 30, 2026, increased to Rs. 805.01 crore, reflecting improved earnings performance for the period. Total revenue from operations also saw an increase.
The re-designation of Mr. R Venkataraman changes his role within IIFL Finance from an executive capacity to a non-executive one, while his executive role remains with IIFL Capital Services Limited.
The acquisition proposal is subject to requisite statutory and regulatory approvals, which introduces a dependency risk for its completion.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action based on this filing, apart from noting the re-designation and acquisition proposal.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with consolidated net profit attributable to owners increasing to Rs. 766.42 crore for Q2 FY27. The re-designation of Mr. R Venkataraman impacts board composition and governance.
🔍
Management Signal
The management's decision to re-designate a director and propose an acquisition signals strategic adjustments to governance structure and potential group-level re-organization.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Members' approval for Mr. R Venkataraman's re-designation.
Updates on statutory and regulatory approvals for India Infoline Foundation acquisition.
Q3 FY27 financial results for continued performance monitoring.
LOW RISK
No immediate significant risks identified; standard approvals needed for announced corporate actions.
💡 Investor Takeaway
IIFL Finance reported consolidated net profit after tax of Rs. 805.01 crore for Q2 FY27, up 92.61% YoY from Rs. 417.94 crore. Total revenue from operations reached Rs. 4,246.45 crore, an increase of 28.48% YoY. Board re-designated a director and proposed an acquisition.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated net profit after tax increased to Rs. 805.01 crore for the quarter ended September 30, 2026, from Rs. 417.94 crore in the prior year comparable period.
- Total consolidated revenue from operations grew to Rs. 4,246.45 crore in Q2 FY27, compared to Rs. 3,305.11 crore in Q2 FY26.
⚠️ Concerns
- Finance cost for the quarter ended September 30, 2026, was Rs. 1,908.64 crore, an increase from Rs. 1,381.92 crore in the prior year comparable period.
- The acquisition of India Infoline Foundation is pending requisite statutory and regulatory approvals, delaying completion and certainty.
📅 Company Track Record
In Q1 FY27, IIFL Finance reported a consolidated net profit of Rs. 713.13 crore, up 160.4% YoY. Its Assets Under Management (AUM) stood at Rs. 1,15,523 crore at the time, indicating a trend of strong growth in previous quarters.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was IIFL Finance's consolidated net profit after tax for the quarter ended September 30, 2026?
IIFL Finance's consolidated net profit after tax for the quarter ended September 30, 2026, was Rs. 805.01 crore.
What was the total consolidated revenue from operations for IIFL Finance in Q2 FY27?
The total consolidated revenue from operations for IIFL Finance for the quarter ended September 30, 2026, was Rs. 4,246.45 crore.
What was the change in designation for Mr. R Venkataraman at IIFL Finance?
Mr. R Venkataraman was re-designated from Joint Managing Director to Non-Executive Non-Independent Director of IIFL Finance, effective October 15, 2026, subject to Members’ approval.
What acquisition proposal was approved by the Board of IIFL Finance?
The Board approved a proposal to acquire India Infoline Foundation from IIFL Capital Services Limited, subject to requisite statutory and regulatory approvals.
What was IIFL Finance's consolidated net profit after tax for the half year ended September 30, 2026?
IIFL Finance's consolidated net profit after tax for the half year ended September 30, 2026, was Rs. 1,518.14 crore.
Questions based on this BSE filing only. For information purposes.