IIFL Finance Q4 profit nearly triples, powered by booming gold loans and better asset quality
IIFL Finance reported a strong performance for the fourth quarter on Wednesday, April 29, with net profit rising sharply to ₹586.8 crore from ₹207.7 crore a year ago, according to an exchange filing. Revenue grew 42.5% year-on-year to ₹3,693 crore compared to ₹2,591.2 crore. Asset quality showed improvement during the quarter, with gross NPAs easing…
