IIFL FinanceGold LoansNBFCNSEFinancial Results
IIFL Finance Q2 Net Profit Doubles to ₹766.4 Cr, Gold Loans Fuel 90% AUM Growth
Published: October 15, 2026
IIFL Finance reported a 102% jump in Q2 net profit to ₹766.4 crore while net interest income rose 50.2% to ₹2,161 crore. Shares edged 0.5% higher at ₹598 on the NSE, as the firm reiterated its focus on expanding secured lending and AI‑enhanced risk management.
Gold loan AUM leapt 90% year‑on‑year to ₹65.7 lakh crore, pushing consolidated AUM to ₹1.24 lakh crore and driving a 50.2% rise in net interest income to ₹2,161 crore.
Total non‑performing assets fell to 1.5%, a 0.07‑point drop from the previous quarter, while net NPA edged up to 0.9%, supported by a 91% provision coverage ratio that keeps bad‑loan exposures in check.
Return on equity hit 20.1% and return on assets 3.1% for the first half of FY27, with liquidity standing at ₹13,805 crore and a capital adequacy ratio of 23.5%, underscoring strong balance‑sheet health.
Chief Financial Officer Vikas Jain said profit after tax before non‑controlling interest surged 43% thanks to lower loan losses and improved operating leverage. The firm also completed a ₹25 crore tokenised bond, its first of its kind among NBFCs, signalling a push into innovative financing.
Looking ahead, the company plans to widen secured lending, fortify AI‑driven risk controls, and aim for a proposed equity raise after July shareholder approval. Analysts see the gold‑loan boom as a catalyst, but expect a moderation as the sector normalises.