IIFL Finance Board Approves Q2 FY26 Results, Re-designates Key Personnel

IIFL Finance has announced its Q2 FY26 financial results, with the Board approving both consolidated and standalone unaudited figures. Mr. Pranav Dholakia has been re-designated as Head – Construction and Real Estate, while Mr. Rahul Sanklecha has been appointed as Chief Risk Officer, both effective November 1, 2025. The Board meeting took place on October 30, 2025.

Financial Performance Highlights

The Board of Directors of IIFL Finance has approved the consolidated and standalone unaudited financial results for Q2 FY26, ending September 30, 2025. The results have been reviewed and approved during the Board meeting held on October 30, 2025. Key components of the announcement include:

  • Unaudited Financial Results and Limited Review Report.
  • Disclosures in accordance with Regulation 52(4).
  • Security Cover Certificate.
  • Statement of Utilization of issue proceeds.

Leadership Appointments and Changes

The company has announced the following personnel changes, effective November 1, 2025:

  • Mr. Pranav Dholakia: Re-designated as Head – Construction and Real Estate (CRE), previously Chief Risk Officer.
  • Mr. Rahul Sanklecha: Appointed as Chief Risk Officer.

These changes are based on the recommendation of the Nomination and Remuneration Committee and the Risk Management Committee, respectively.

Financial Ratios

Key financial ratios for the quarter ended September 30, 2025:

  • Debt-equity ratio: 3.98
  • Operating margin: 31.98%
  • Net profit margin: 12.63%
  • Gross NPA: 2.14%
  • Net NPA: 1.02%
  • Specific provision coverage ratio: 52.77%

Standalone Financial Results Snapshot

Key figures from the standalone unaudited financial results:

  • Total Income: ₹1,767.11 crore
  • Total Expenses: ₹1,483.58 crore
  • Profit before tax: ₹283.53 crore
  • Net profit after tax: ₹210.72 crore

Consolidated Financial Results Snapshot

Key figures from the consolidated unaudited financial results:

  • Total Income: ₹3,309.16 crore
  • Total Expenses: ₹2,752.47 crore
  • Profit before tax: ₹556.69 crore
  • Net profit after tax: ₹417.94 crore

Source: BSE

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