IIFL Finance Ltd

Kanungo brings with him nearly four decades of distinguished service at the RBI, marked by his deep expertise across key areas of central banking'spanning currency management, foreign exchange regulation, payment and settlement systems, debt and reserve management, IT governance, financial inclusion, and consumer protection. As Deputy Governor of the RBI from 2017 to 2021, Shri Kanungo was a member of the Monetary Policy Committee and played a pivotal role in shaping India's modern monetary and regulatory landscape. Over the years, he also served as Regional Director of the RBI in multiple states including Rajasthan, West Bengal, Sikkim, Madhya Pradesh, and Chhattisgarh, and held the position of Banking Ombudsman. Post his tenure at the RBI, Kanungo served as director at the Centre for Advanced Financial Research and Learning (CAFRAL)'an RBI-promoted institution dedicated to research in macroeconomics and finance and the leadership development of financial sector executives. Nirmal Jain, founder of IIFL Group and managing director of IIFL Finance, said: 'We are honoured to welcome Shri B.P. Kanungo to our board. His exceptional expertise in regulation, governance, and financial systems will add valuable depth to our board deliberations.' IIFL Finance Limited, along with its subsidiaries IIFL Home Finance and IIFL Samasta Finance, is a leading retail-focused NBFC offering diversified loan products, including home, gold, MSME, microfinance, and capital market finance. The company has a network of 4,906 branches and a customer base of over 8 million. The scrip rose 0.84% to currently trade at Rs 488.70 on the BSE. Powered by Capital Market - Live

The Board of IIFL Finance has approved the appointment of Mr. Bibhu Prasad Kanungo, as an Additional Non Executive Independent Director of the Company effective June 16, 2025.Powered by Capital Market - Live

The funds will be raised through unsecured, subordinated, listed, rated, redeemable non-convertible debentures - series D33. The proposed NCDs will be listed on National Stock Exchange (NSE). IIFL Finance is one of the leading retail-focused diversified NBFC in India, engaged in the business of loans and mortgages along with its subsidiaries - IIFL Home Finance and IIFL Samasta Finance. The company (along with its subsidiaries), offers a wide-spectrum of products such as home loan, gold loan, business loan, microfinance, capital market finance and developer & construction finance to a vast customer base. The company's consolidated net profit declined 44.4% to Rs 207.68 crore on 11.2% increase in total income to Rs 2,594.35 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

IIFL Finance will hold a meeting of the Board of Directors of the Company on 10 June 2025.Powered by Capital Market - Live

The company plans to issue up to 20,000 secured, listed, rated, redeemable NCDs- series D32, which includes a green shoe option to retain oversubscription of up to 15,000 NCDs. The total issue size comprises a base amount of Rs 50 crore, with an option to retain oversubscription (green shoe option) of Rs 150 crore, aggregating to Rs 200 crore. These NCDs will be listed on the National Stock Exchange (NSE). IIFL Finance, along with its subsidiaries IIFL Home Finance and IIFL Samasta Finance, is a leading retail-focused NBFC offering diversified loan products, including home, gold, MSME, microfinance, and capital market finance. The company's consolidated net profit declined 44.4% to Rs 207.68 crore on 11.2% fall in total income to Rs 2,594.35 crore in Q4 FY25 over Q4 FY24. The counter advanced 1.49% to settle at Rs 412.95 on the BSE.Powered by Capital Market - Live

IIFL Finance will hold a meeting of the Board of Directors of the Company on 21 May 2025.Powered by Capital Market - Live

The revised estimate implies an upside potential of nearly 41.61% from the stock's previous close of Rs 388.40. The broker cited a recovery in IIFL's microfinance segment, improved system liquidity, and a decline in cost of funds (CoF) as key drivers behind its optimistic outlook. It also revised the company's EPS estimates, cutting FY26 by 6%, but nudging FY27 up by 0.5%. However, the report flagged rising competition in the gold loan segment as a potential risk that could pressure margins going forward. On a consolidated basis, net profit of IIFL Finance declined 44.38% to Rs 207.68 crore while total income declined 11.22% to Rs 2,594.35 crore in Q4 March 2025 over Q4 March 2024. IIFL Finance, along with its subsidiaries IIFL Home Finance and IIFL Samasta Finance, is a leading retail-focused NBFC offering diversified loan products, including home, gold, MSME, microfinance, and capital market finance. Powered by Capital Market - Live

Net profit of IIFL Finance declined 44.38% to Rs 207.68 crore in the quarter ended March 2025 as against Rs 373.41 crore during the previous quarter ended March 2024. Sales declined 9.20% to Rs 2591.25 crore in the quarter ended March 2025 as against Rs 2853.80 crore during the previous quarter ended March 2024. For the full year,net profit declined 78.52% to Rs 378.77 crore in the year ended March 2025 as against Rs 1763.54 crore during the previous year ended March 2024. Sales declined 0.38% to Rs 10210.90 crore in the year ended March 2025 as against Rs 10249.76 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2591.252853.80 -9 10210.9010249.76 0 OPM %58.9156.02 -55.0962.24 - PBDT360.22604.19 -40 1482.082752.73 -46 PBT309.47553.69 -44 1293.512571.91 -50 NP207.68373.41 -44 378.771763.54 -79 Powered by Capital Market - Live

The Board of IIFL Finance at its meeting held on 08 May 2025 has approved enabling annual resolution for raising funds by issuance of Non-Convertible Securities on a private placement basis for financial year 2025-26, upto a limit of Rs. 10,000 crore, subject to approval of the Members at the ensuing Annual General Meeting (AGM) of the Company. Powered by Capital Market - Live

IIFL Finance will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live