IIFL Finance Reports Consolidated and Standalone Results for Quarter Ended June 30, 2026; Key Management Change Announced
IIFL Finance Ltd has released its consolidated and standalone unaudited financial results for the quarter ended June 30, 2026. The company also announced that Mr. Amit Sharma, Business Head - Unsecured Lending, Senior Management Personnel, has stepped down from his role due to internal movement within the organization.The Board of Directors reviewed and approved these results during its meeting held on July 22, 2026.
Financial Performance Highlights (Consolidated)
The consolidated unaudited financial statements reflect the Group’s performance across various entities, including IIFL Finance Limited, IIFL Home Finance Limited, IIFL Samasta Finance Limited, and IIFL Fintech Private Limited.Key financial metrics for the quarter ended June 30, 2026, are as follows:
| Metric | Value (₹ in crore) |
|---|---|
| Total Income | 3,921.88 |
| Total Expenses | 2,993.24 |
| Profit Before Tax | 928.64 |
| Net Profit After Tax | 713.13 |
The company’s total equity stood at ₹15,619.09 crore during the period.
In compliance disclosures, reported ratios for the quarter included:
- Net worth: ₹14,200.45 crore
- Debt to Equity Ratio: 4.52
- Operating Margin: 31.20%
- Net Profit Margin: 18.18%
- GNPA%: 1.55%
Standalone Results and Capital Market Activity
The standalone unaudited financial results show strong performance for the company. For the quarter ended June 30, 2026, total income was reported at ₹2,344.55 crore, while net profit after tax stood at ₹467.11 crore.Regarding capital market activities, IIFL Finance Limited raised USD 500 million on June 10, 2026, through the issuance of Fixed Rate, Senior, Secured Notes due 2029. These notes are listed on India International Exchange (IFSC) Limited and NSE IFSC Limited.
The company also provided detailed updates on its financing activities and collateral structure:
- Secured Debentures: The unsecured non-convertible debentures are secured by a first pari passu charge on the group's receivables, book debts, loans and advances, and current assets, maintaining a security cover of 100% or higher.
- Loan Assignments: On June 30, 2026, the company had 4,802.33 crore worth of loan accounts assigned through Direct Assignment and Securitization deals.
- Recovery Ratings: The total outstanding face value for rated loans was reported at 2,939.10 crore across RR3 (₹73.59 crore), RR2 (₹1,038.33 crore), and RR1 (₹1,790.18 crore).
Operational Updates
The Group's core business remains financing and investing activities within India. The company also reported operational metrics related to co-lending arrangements as of the specified period:| Metric | Value |
|---|---|
| Total outstanding loans under co-lending | 11,531.19 crore |
| Share retained by the Company | 20% |
| Weighted average rate of interest on co-lending | 20.07% |
Key Management Change
The company confirmed that Mr. Amit Sharma has stepped down from his position as Business Head - Unsecured Lending, Senior Management Personnel, effective July 22, 2026. This change is noted as part of an internal movement within the Company.IIFL Stock Price Movement
Today, shares of IIFL Finance Limited shed 0.75%, settling at ₹570.35 after closing the market. The stock traded within a range between ₹563.3 and ₹587.7, with 3.38 million shares recorded in volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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