BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
IIFL Wealth Management Ltd.'s profit after tax grew 7% QoQ to Rs 1.03 billion (8% beat) in Q4 FY21.
The beat was driven largely by higher-than-expected transactional and brokerage income.
Core revenue (excluding other income) was largely flat at Rs 9.2 billion and profit after tax was up ~87% YoY to Rs 3.7 billion in FY21.
Excluding the impact of other income, core operating profit was also flat YoY at Rs 3.5 billion
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