IIFL Finance Reports Strong Q3 FY26 Results with 21% Profit Growth, Declares ₹4 Dividend
MUMBAI, January 22, 2026 – IIFL Finance Limited (BSE: 532636, NSE: IIFL), a leading diversified non-banking financial company (NBFC), announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors, in its meeting held today, approved the results and declared an interim dividend of ₹4 per equity share (face value ₹2 each) for FY 2025-26.
Key Financial Highlights: Q3 FY26 (Consolidated)
| Parameter | Q3 FY26 (₹ Cr) | Q3 FY25 (₹ Cr) | % Change (YoY) | Q2 FY26 (₹ Cr) | % Change (QoQ) |
|---|---|---|---|---|---|
| Net Profit | 501.4 | 81.7 | +513% | 417.9 | +20.0% |
| Total Income | 3,432.8 | 2,449.0 | +40.2% | 3,309.2 | +3.7% |
| Revenue from Operations | 3,427.5 | 2,442.6 | +40.3% | 3,305.1 | +3.7% |
| Operating Profit (Pre-prov) | 862.9 | 101.0 | +754% | 556.7 | +55.0% |
| Net Interest Income (NII) | 1,990.2 | 1,235.2 | +61.1% | 1,924.2 | +3.4% |
| Gross NPA Ratio | 1.60% | - | - | - | - |
| Net NPA Ratio | 0.75% | - | - | - | - |
Derived as Interest Income (3,019.2) minus Finance Cost (1,437.0).
Nine-Month Performance (Apr-Dec 2025) – Consolidated
For the nine months of FY26, the company reported a Net Profit of ₹1,193.5 crore on Total Income of ₹9,688.5 crore.
Standalone Performance (Q3 FY26)
The standalone entity posted a net profit of ₹301.1 crore for Q3 FY26, up from ₹16.0 crore in Q3 FY25. Total Income stood at ₹1,956.5 crore.
Key Business & Operational Updates
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Interim Dividend: The Board declared an interim dividend of ₹4 per equity share (200% on face value of ₹2). The record date is fixed as January 29, 2026, and the dividend will be paid on or before February 20, 2026.
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Asset Quality: The consolidated Gross NPA (GNPA) stood at 1.60% and Net NPA at 0.75% as of December 31, 2025. The specific provision coverage ratio was 53.20%.
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Capital Adequacy: The company maintained a strong Capital to Risk-Weighted Assets Ratio (CRAR) of 18.87% (Tier I: 12.76%, Tier II: 6.11%) on a standalone basis.
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Liquidity: The standalone Liquidity Coverage Ratio (LCR) was healthy at 254.94% for the quarter.
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Management Change: Mr. Sameer Gadve stepped down as Chief Information Security Officer (CISO) effective January 22, 2026, as part of an internal movement. The Board appointed Mr. Kailash Gaonkar as the new CISO, effective January 23, 2026.
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Regulatory & Tax Matters: The company received GST orders from Bihar and Gujarat authorities and a communication from the Income Tax Department for a special audit under Section 142(2A). The company is contesting the GST orders and will cooperate with the tax audit. No material financial impact is currently ascertainable.
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Labour Code Impact: The notification of new Labour Codes resulted in a one-time incremental provision of ₹22.5 crore (₹19.3 crore gratuity + ₹3.2 crore leave encashment) on a consolidated basis, primarily due to change in wage definition.
Segment Focus & Outlook
IIFL Finance continues to demonstrate robust growth across its core lending verticals, including gold loans, home loans, and business loans. The improvement in profitability reflects strong operational execution and effective risk management. The declaration of a healthy interim dividend underscores the board's confidence in the company's financial stability and cash flow generation.
About IIFL Finance Limited
IIFL Finance is one of India's leading diversified NBFCs, offering a wide range of financial products including gold loans, home loans, business loans, microfinance, and developer & construction finance. The company is classified as an NBFC-Middle Layer (NBFC-ML) by the Reserve Bank of India.
The results have been reviewed by the joint statutory auditors, Sharp & Tannan Associates and G.M. Kapadia & Co.