Inve India ▾
IIIIFL

IIFL Finance Q2 FY25 results (Jul–Sep 2024) and concall

Financial Services · Concall AI · Call held 24 Oct 2024

Company page: IIFL Finance share price, financials & guidance record

Source transcript

IIFL Finance's Q2 FY25 was a transition quarter marked by the lifting of the RBI's 6.5-month embargo on its gold loan business. While the company reported a net loss due to a conservative 100% provisioning of AIF-linked security receipts, core operating profitability remained robust. Management is now focused on aggressive gold loan book rebuilding and navigating temporary credit cost spikes in the microfinance segment.

You’re reading a preview. Opening the full call uses 1 concall credit.

Sign in to use your monthly call allowance.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.