IIFL Finance's board approved the financial results for the quarter, reporting consolidated net profit after tax of ₹713.13 Cr and standalone net profit after tax of ₹467.11 Cr.

The company successfully raised USD 500 million through secured notes due 2029. Amit Sharma stepped down as Business Head – Unsecured Lending due to an internal role transition.

The company also disclosed a ₹475.56 Cr tax demand from an income tax assessment, which it intends to appeal.

Co-lending outstanding loans reached ₹11,531.19 Cr, with 99.85% being standard assets.