IIFL Capital Q3 Results: PAT Soars 121% QoQ to ₹188 Cr; Declares ₹3 Dividend

Mumbai: IIFL Capital Services Ltd (formerly IIFL Securities Ltd) on Monday reported a consolidated net profit of ₹188 crore for the quarter ended December 2025 (Q3 FY26), marking a massive 121% quarter-on-quarter growth. The company also declared an interim dividend of ₹3 per equity share (face value ₹2 each).

Financial Highlights (Q3 FY26)

Operating Revenue: ₹586 crore (flat QoQ, up 1% YoY)
Operating Profit Before Tax: ₹119 crore (down 27% QoQ)
Profit Before Tax (PBT): ₹254 crore (up 112% QoQ)
Profit After Tax (PAT): ₹188 crore (up 121% QoQ)

The decline in operating profit was attributed to increased employee costs for building the wealth management practice.

Key Business Metrics

Distribution Assets Under Management (AUM): ₹48,322 crore (up 9% QoQ)
Custody AUM: ₹2,12,314 crore
Avg. Daily Market Turnover (Broking): ₹3,14,660 crore (up 19% QoQ)

Management Commentary & Dividend

Mr. R. Venkataraman, Managing Director, stated, "Revenues from operations were virtually flat, but operating profit declined due to investment in our wealth management practice. Our distribution assets continue to grow and have hit ₹48,322 crores."

The Board declared an interim dividend of ₹3 per share for FY26. The record date is February 16, 2026.

Segment Performance

Non-Institutional Business: Served by 3,100+ wealth managers & 100+ branches.
Institutional Broking & Investment Banking: Completed 12 deals in Q3, including IPOs for Tata Capital and ICICI Prudential AMC, with a robust pipeline.

This news is based on the company's official press release and regulatory filing.