IIFL Capital Services announced its consolidated financial results for the quarter and nine months ending December 31, 2025. Consolidated operating revenue remained virtually flat QoQ at ₹586 crores. Operating Profit Before Tax (OPBT) saw a QoQ decline of 27% to ₹119 crores, attributed to increased employee costs supporting wealth management build-out. The Board also declared an interim dividend of ₹3 per equity share.
Consolidated Financial Highlights (Q3 FY26)
IIFL Capital Services Ltd (formerly IIFL Securities Ltd) reported its consolidated financial performance for the third quarter ending December 31, 2025. Key metrics from the summary include:
- Consolidated Total Operating Revenue was ₹586 crores, showing a marginal (1%) dip quarter-on-quarter (QoQ) but a 1% rise year-on-year (YoY).
- Operating Profit Before Tax stood at ₹119 crores, a decrease of 27% QoQ and 36% YoY.
- Profit After Tax (PAT) for the quarter was ₹188 crores, a significant increase of 121% QoQ, though it was down (5%) YoY.
Nine Months Ended FY26 Performance
For the nine months ending December 31, 2025, the consolidated results showed:
- Total Operating Revenue was ₹1,795 crores, down (4%) YoY.
- Operating Profit before tax declined by (29%) YoY to ₹448 crores.
- Profit After Tax stood at ₹449 crores, marking a (23%) decrease compared to the previous year.
Management Commentary and AUM Update
Mr. R. Venkataraman, Managing Director, noted that while revenues were virtually flat QoQ and YoY, the decline in OPBT was due to increased employee costs associated with building the wealth management practice. He highlighted strong growth in assets, stating that Distribution AUM (Assets Under Management) hit ₹48,322 crores.
Furthermore, Custody assets under management stood at ₹2,12,314 crores as of December 2025.
Interim Dividend Declared
The Board of Directors has approved an interim dividend of ₹3 per equity share for the financial year 2025-26. The shares have a face value of ₹2 each. The record date for this dividend has been set for February 16, 2026.
Business Segment Performance Highlights
The announcement detailed robust activity across core business verticals for the quarter:
Non-Institutional Business
The broking business demonstrated strong client engagement, with the average daily market turnover (including F&O) reaching ₹3,14,660 Crores (BSE + NSE), an increase of 19% QoQ. Financial Product Distribution AUM also grew by 9% QoQ, reaching ₹48,322 crores.
Institutional Broking & Investment Banking
The Investment Banking division successfully completed 12 deals across capital markets and advisory services. Notable transactions included IPOs for Tata Capital, ICICI Prudential AMC, and others. The coverage universe extends over 315 stocks, representing more than 72% of India’s market capitalization.
Source: BSE
