Brief: IIFL Finance’S 9Mfy25 Results Show Asset Quality, Profit Challenges - Fitch Ratings

IIFL Finance

24/02/2025 06:58

Feb 24 (Reuters) - IIFL Finance Ltd  IIFL.NS :
    * IIFL FINANCE’S 9MFY25 RESULTS SHOW ASSET QUALITY, PROFIT
CHALLENGES -  FITCH RATINGS
    * FITCH RATINGS- WEAKENING LOAN QUALITY, NARROWER INTEREST
SPREADS
MAY CONTINUE TO CONSTRAIN IIFL FINANCE'S NEAR-TERM PERFORMANCE
    * FITCH RATINGS: EXPECT IIFL FINANCE'S FULL-YEAR EARNINGS TO
BE
SIGNIFICANTLY LOWER IN FY25 THAN IN FY24
    * FITCH RATINGS: IIFL'S FY25 EARNINGS TO BE LOWER DUE TO
REDUCED
NIMS, HIGHER CREDIT COSTS
    * FITCH RATINGS: TAX INVESTIGATION COULD PRESENT ADDITIONAL
TAX
LIABILITIES FOR IIFL FINANCE

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Further company coverage:  IIFL.NS 

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