Total income climbed 50 per cent to Rs 268.1 crore within the quarter underneath evaluate from Rs 178.3 crore within the three months ended June 2020.
The firm’s property underneath administration stood at Rs 55,141 crore within the first quarter of the continued fiscal, a rise of 88 per cent from the year-ago interval.
“We proceed to make funding in expertise to service retail prospects higher. Retail broking is seeing good traction.
“We are also partnering with many fintech players to offer their services to our clients for trading and a wholesome investment experience,” the corporate’s Managing Director R Venkataraman mentioned.
IIFL Securities is a key participant in each retail and institutional segments of the capital market.