IIFL Finance has released its audited financial results for the quarter and year ended March 31, 2026, showing robust growth. The company reported a consolidated annual net profit of ₹1,816.70 crore and total revenue from operations reaching ₹13,350.80 crore. The Board also announced an enabling resolution for fund-raising of up to ₹10,000 crore via non-convertible securities and appointed new senior leadership to drive future growth in its loan-against-property business.
FY2026 Financial Performance
The company demonstrated solid financial results for the full fiscal year ended March 31, 2026. Consolidated net profit for the year rose significantly to ₹1,816.70 crore, compared to ₹578.16 crore in the previous year. Total revenue from operations for the same period stood at ₹13,350.80 crore, marking a substantial increase from ₹10,210.90 crore reported in the previous fiscal year.
Strategic Fund Raising and Expansion
In its meeting held on April 29, 2026, the Board approved an enabling annual resolution to raise funds through the issuance of non-convertible securities. The company plans to raise up to ₹10,000 crore on a private placement basis during the 2026-27 financial year, subject to member approval at the upcoming Annual General Meeting.
Leadership and Governance Updates
As part of its organizational strengthening, Mr. Vinay Agrawal has been appointed as the Business Head – Loan Against Property, effective April 29, 2026. Additionally, the Board has recommended the appointment of Shah Gupta & Co., Chartered Accountants, as the new Joint Statutory Auditor, subject to shareholder approval at the ensuing Annual General Meeting, to replace the outgoing auditor upon completion of their tenure.
Source: BSE
