IIFL Securities' Q1 FY 2025-26 Quarterly Results

Result Summary

• IIFL Securities Ltd reported a 3.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.7%.
• Its expenses for the quarter were down by 3.0% QoQ and up 14.3% YoY.
• The net profit decreased 2.8% QoQ and decreased 3.7% YoY.
• The earnings per share (EPS) of IIFL Securities Ltd stood at 5.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

IIFL Securities Ltd is a prominent player in India’s financial services sector, specializing in providing a range of financial services including brokerage services, investment advisory, and distribution of financial products. The company operates primarily in the securities brokerage industry, catering to retail and institutional clients. IIFL Securities is known for its robust trading platforms and a comprehensive suite of financial services aimed at facilitating investment across various asset classes. As of the latest data available, there are no recent major developments publicly disclosed within the specified time frame.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), IIFL Securities Ltd reported a total income of ₹680.40 crores, showing a decrease of 3.4% from ₹704.36 crores in the fourth quarter of the fiscal year 2025 (Q4FY25). However, this represents a year-over-year increase of 5.7% compared to ₹643.80 crores in the first quarter of the fiscal year 2025 (Q1FY25). The sequential decline in total income on a quarterly basis contrasts with the growth observed on an annual basis, indicating a fluctuating revenue trend during this period.

Profitability

In Q1FY26, IIFL Securities Ltd recorded a profit before tax of ₹227.54 crores, reflecting a decrease of 4.2% compared to ₹237.44 crores in Q4FY25 and a decline of 8.1% from ₹247.64 crores in Q1FY25. After accounting for taxes, the profit after tax stood at ₹175.54 crores, down by 2.8% from ₹180.56 crores in the previous quarter and 3.7% from ₹182.28 crores in the same quarter of the previous year. The tax expenses also saw a reduction of 8.6% and 20.4% on a quarterly and yearly basis respectively, from ₹56.88 crores in Q4FY25 and ₹65.36 crores in Q1FY25. Earnings per share decreased by 6.9% both quarter-over-quarter and year-over-year, from ₹5.80 to ₹5.40.

Operating Metrics

The total expenses for IIFL Securities in Q1FY26 were ₹452.86 crores, which represents a decrease of 3.0% from the previous quarter’s expenses of ₹466.92 crores. However, this is an increase of 14.3% compared to ₹396.16 crores in Q1FY25, indicating an increase in operational costs on an annual basis. While the decrease in expenses from the previous quarter aligned with the reduction in income, the annual increase suggests variations in cost structures or operational scaling. The financial data does not include specific operating metrics such as customer acquisition costs or specific segment performance, limiting further detailed operational analysis.