IIFL Capital Services' Q2 FY 2026-27 Quarterly Results

Result Summary

• IIFL Capital Services Ltd reported a 4.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 26.1%.
• Its expenses for the quarter were up by 7.1% QoQ and 20.7% YoY.
• The net profit decreased 31.3% QoQ and increased 48.7% YoY.
• The earnings per share (EPS) of IIFL Capital Services Ltd stood at 3.85 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

IIFL Capital Services Ltd operates within the financial services industry, primarily focusing on providing a range of financial solutions. The company's portfolio includes investment banking, asset management, and wealth management services, catering to a diverse client base that includes individual investors, corporate clients, and institutional entities. While recent major developments specific to IIFL Capital Services Ltd are not available in this report, the company operates under the larger umbrella of IIFL Group, an established name in the Indian financial services sector known for its comprehensive financial products and customer-centric approach.

Revenue

For Q2FY27, IIFL Capital Services Ltd reported a total income of ₹690.33 crores, reflecting a sequential decrease from ₹721.31 crores in Q1FY27, which corresponds to a quarter-over-quarter (QoQ) decline of 4.3%. In comparison to the same period last year (Q2FY26), where the total income was ₹547.42 crores, there is a year-over-year (YoY) increase of 26.1%. This upward trajectory in YoY revenue highlights growth over the past year, despite a recent dip in sequential revenue performance. Revenue forms a critical indicator of the company's capability to generate sales and is pivotal for assessing its market position within the financial services industry.

Profitability

In Q2FY27, IIFL Capital Services Ltd's profit before tax stood at ₹174.26 crores, a decrease from the previous quarter's figure of ₹239.28 crores, indicating a QoQ drop of 27.2%. When compared to Q2FY26, where the profit before tax was ₹119.90 crores, there is a significant YoY increase of 45.3%. The profit after tax for Q2FY27 was ₹126.61 crores, down from ₹184.16 crores in Q1FY27, resulting in a QoQ decrease of 31.3%. On a YoY basis, profit after tax rose by 48.7% from ₹85.15 crores in Q2FY26. Earnings per share (EPS) were ₹3.85 in Q2FY27, down from ₹5.60 in Q1FY27, marking a QoQ decrease of 31.2%, whereas YoY EPS saw a rise of 49.8% from ₹2.57 in Q2FY26. These figures illustrate the company's ability to manage its profitability over time.

Operating Metrics

Total expenses for IIFL Capital Services Ltd in Q2FY27 were ₹516.07 crores, showing an increase from ₹482.02 crores in Q1FY27, which represents a QoQ rise of 7.1%. When compared to Q2FY26, where total expenses were ₹427.52 crores, there is a YoY increase of 20.7%. The tax incurred in Q2FY27 was ₹47.65 crores, which is lower than the ₹55.12 crores paid in Q1FY27, reflecting a QoQ decrease of 13.6%. However, on a YoY basis, the tax increased by 37.1% from ₹34.75 crores in Q2FY26. These metrics are crucial for evaluating the company's cost management and tax obligations, providing insights into operational efficiency and financial health.