IIFL Finance Q2 Profit Doubles to Rs 805 Crore; AUM Up 38%
IIFL Finance's profit after tax nearly doubled to Rs 805 crore in Q2, driven by stronger operating leverage and lower loan losses. The company's assets under management (AUM) increased by 38% to Rs 1.24 lakh crore, mainly due to growth in gold loans during the quarter.
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