Net profit during 2018-19 was higher 23 per cent year-on-year at Rs 1,253 crore.

According to BSE data, Nirmal Jain, the chairman of the IIFL group, acquired 1 lakh shares of IIFL.

IIFL Holdings shares were down 9 per cent at Rs 378.60 on BSE.

IIFL's consolidated total income declined to Rs 990 crore in the third quarter.

The ongoing NCD issue of the group has already received subscription worth Rs 1,000 crore.

After the transaction, IIFL Holdings will own 51.11 per cent of the arm.

The firm, founded in 2008, was valued at roughly Rs 5,200 crore.

The demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management)...

Total revenue also grew 43.46 per cent to Rs 1,478.46 crore as against Rs 1,030.54 crore in the corresponding quarter a year ago.

The company had reported Rs 148.7 crore profit for the July-September quarter of last financial year. Total income grew 16 per cent to Rs 6...

IIFL Holdings today reported 33 per cent rise in net profit to Rs 158.1 crore for the quarter ended June 30, on account of robust growth in...

With presence in two major cities, IIFL wealth business rose by 41 per cent to Rs 52.7 crore, for the period under review.

Jain said Watsa already owns 14 per cent in the group and he is seeking to increase it by up to 26 per cent through the open offer, worth a...

IIFL Holdings recorded income of Rs 1,031.9 crore during the second quarter of the current financial year, 15 per cent more than the same p...

The issue of 42,69,000 equity shares will open on August 7 and close on August 11. The company has fixed the price band at Rs 615 to Rs 640...

On a stand-alone basis, its net profit jumped manifold to Rs 38.85 crore in the first quarter of 2015-16, from Rs 2.52 crore a year earlier.

Canadian investor Prem Watsa's Fairfax India Holdings today made an open offer to raise its stake to 26 per cent in financial firm IIFL Hol...