IFL Enterprises Board has approved a strategic investment from UNIQUBE Global Managed Services PTE.

LTD., Singapore, for up to 12% equity at ₹2 per share.

This significant step enhances investor confidence and supports the company’s strategic expansion into the high-growth Organic Waste Management and Recycling sector.

For the quarter, IFL reported robust financial results: revenue was Rs 33.41 Cr, up 118.5% year-on-year, and net profit surged to Rs 5.15 Cr, a 170x gain.

The company also successfully concluded a Rs 49.14 Cr Rights Issue and saw four FPIs collectively acquire a 16.08% stake.