IIFL Securities Q2 Review- Healthy Client Acquisition, Funding Aid Performance: ICICI Direct
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ICICI Direct Report
IIFL Securities reported a healthy performance.
Client acquisition robust at approximately 2 lakh; ADTO up 28.1% QoQ to Rs 67,530 crore
Revenue up 48% YoY, 19% QoQ amid growth in brokerage and interest income
Headcount addition and sales expenditure increased overall operational expenditure by 22% QoQ
Profit after tax growth healthy at ~41% YoY and 5% QoQ at Rs 72 crore.
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