Q3 2024 IIFL Finance Ltd Earnings Call Transcript

Jan 18, 2024 / 07:00AM GMT
Operator

Ladies and gentlemen, good day, and welcome to IIFL Finance Limited Q3 FY24 earnings conference. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Kapish Jain, CFO, IIFL Finance Limited. Thank you, and over to you, sir.

Kapish Jain IIFL Finance Limited-CFO

Thank you very much. Good afternoon, everybody. It's a pleasure having all of you here and wish you all of you a very, very happy new year. And on that note, I would like to just update you on for the quarter three of fiscal '24.

So for the quarter, as we finance at a consolidated level, we reported a profit after tax before non-controlling interest of INR545 crore, up 29% on a YoY basis and up 4% on a quarter-on-quarter basis. We recorded pre-provision operating profit of INR960 crore, up 28% YoY and up 4% on a Q-on-Q basis. For the quarter, our consolidated loan AUM grew by 34% on a YoY basis and 6% on a quarter-on-quarter basis at INR77,444 crore.

If I further dissect the AUM and continue our core product,

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