IIFL Finance reported a strong Q2FY26, with consolidated profit after tax at ₹418 Cr, a 52% increase q-o-q. AUM rose 7% q-o-q to ₹90,122 Cr, driven by gold loans. The company’s gold loan business showed significant momentum, with a 220% y-o-y growth. Fitch Ratings affirmed the rating at ‘B+’ and revised the outlook on IIFL Finance’s Long term Issuer Default Rating from Stable to Positive.
Key Financial Highlights
IIFL Finance showcased robust financial performance in Q2FY26:
- PAT: ₹418 Cr (up 52% q-o-q)
- AUM: ₹90,122 Cr (up 7% q-o-q)
- Gold Loans Growth: 220% y-o-y growth, closing at ₹34,577 Cr
Segment Performance
The company experienced varied performance across its segments:
- Gold Loans: AUM surged 220% YoY and 27% QoQ
- Home Loans: AUM grew 10% YoY
- MSME Loans: AUM was in line with YoY but down 3% QoQ
- Microfinance: AUM stood at ₹8,362 Cr, down 26% YoY and 6% QoQ
Asset Quality and Financial Strength
Key indicators reflect a healthy financial position:
- Asset Quality: Stage 2/3 trending down; PCR 93 %
- ROA: 1.9%
- ROE: 9.8%
- CRAR: 28.2%
Leadership Changes and Outlook
Mr. Girish Kousgi joined IIFL Home Finance as Managing Director and Chief Executive Officer. Fitch Ratings affirmed the rating at ‘B+’ and revised the outlook on IIFL Finance’s Long term Issuer Default Rating from Stable to Positive.
Source: BSE
