IIFL Finance has released its audited financial results for the quarter and year ended March 31, 2026. The group reported a consolidated net profit of ₹1,816.70 crore for FY2026, marking a robust performance. The Board of Directors has also approved raising up to ₹10,000 crore through non-convertible securities to support future growth and appointed new senior leadership and auditors to bolster its governance and operational capabilities.
Financial Performance Overview
For the financial year ended March 31, 2026, IIFL Finance demonstrated significant financial growth. The company reported a total consolidated net profit of ₹1,816.70 crore. For the final quarter (Q4: Jan-Mar 2026), the profit stood at ₹623.26 crore, reflecting continued momentum in its core financing and investing activities.
Strategic Growth Initiatives
To support its business objectives for the upcoming fiscal year 2026-27, the Board of Directors has approved a proposal to raise funds up to ₹10,000 crore through the issuance of non-convertible securities on a private placement basis. This capital infusion is subject to approval from the company’s members at the next Annual General Meeting (AGM).
Leadership and Governance Updates
As part of its organizational strengthening, the company announced the appointment of Mr. Vinay Agrawal as the new Business Head – Loan Against Property. Mr. Agrawal joins as a Senior Management Personnel, bringing over two decades of experience in the financial services sector.
Furthermore, in a move to enhance audit oversight, the company has appointed Shah Gupta & Co., Chartered Accountants as the new Joint Statutory Auditor. This appointment is subject to member approval at the ensuing AGM and is aligned with the company’s commitment to maintaining high standards of financial transparency and corporate governance.
Operational Highlights
The company maintains a strong focus on its main business of financing and investing within the Indian market. Despite the complexities of the current fiscal landscape, management has confirmed that ongoing assessments regarding past income-tax department inquiries are being handled with full cooperation, and there is no expectation of a material adverse impact on the company’s financial position.
Source: BSE
