IIFL Capital Reports Q4 And Full Year Results

07 May 2026 CW Team

IIFL Capital Services reported consolidated results for the quarter ended March 31, 2026, with operating revenue of Rs 6.44 billion (bn), up 20 per cent year on year and 10 per cent quarter on quarter. Operating profit before tax was Rs 1.44 bn, up 14 per cent year on year, while profit after tax was Rs 1.15 bn, down 10 per cent.

For the full year ended March 31, 2026, the company reported revenue from operations of Rs 24.39 bn and operating profit before tax of Rs 5.92 bn, a decline of 22 per cent versus the prior year. Profit before tax for the year was Rs 7.56 bn, and profit after tax was Rs 5.64 bn. As at March 31 total assets under management stood at Rs 2,295.82 bn, comprising distribution assets of Rs 521.15 bn and custody assets of Rs 1,774.67 bn.

The managing director said that the investment banking and institutional equities businesses demonstrated resilience and that the firm witnessed steady momentum in scaling its wealth and asset management platforms. The investment banking division completed nine transactions in the quarter across capital markets and private placements, including IPOs for Amagi Media Labs, Aye Finance and Clean Max Enviro Energy and debt placements for Redbrick Offices and National Highway Infra Trust. The deal pipeline remains robust.

The IIFL Capital Credit Opportunities Fund achieved a first close at Rs 5 bn, driven by demand from high net worth investors and family offices, and the investment team has commenced evaluation with Rs 750 million (mn) deployed in the first transaction and the remainder to be deployed shortly. The fund aims to deploy capital across a diversified set of credit opportunities with a disciplined approach targeting attractive risk adjusted returns. The board declared an interim dividend of Rs three per equity share, each having a face value of Rs two, which has been disbursed and is treated as final for the financial year.

Infrastructure Transport

07 May 2026

IRCON Celebrates 50 Years of Infrastructure Excellence

IRCON International, a Navratna Central Public Sector Enterprise under the Ministry of Railways, celebrated its 50th Foundation Day at Bharat Mandapam, New Delhi. The Golden Jubilee event marked five decades of contribution to India’s railway and infrastructure development, while reaffirming the company’s commitment to nation-building through engineering excellence. The celebration was attended by senior officials from the Ministry of Railways, IRCON’s leadership, industry stakeholders and employees. The event featured the launch of a commemorative coffee table book on IRCON’s 50-year ..

BorgWarner Wins Three Electric Motor Orders in Asia

BorgWarner has secured three electric motor business awards with Asian original equipment manufacturers across China and South Korea, strengthening its electrification portfolio across battery electric and hybrid vehicle applications. Production under the new programmes is expected to begin in phases from June 2026 to September 2027. In South Korea, BorgWarner will supply a stator assembly for a new electric B-segment SUV programme. The award builds on its earlier supply of hairpin eMotor technology for the customer’s multi-purpose vehicle platform, reinforcing its position as a trusted supp..

AIDO Showcases Door Systems At Aluminium Expo

AIDO, an endorsed brand of dormakaba, marked its participation at Aluminium Expo 2026, held from 1–3 May at Calicut Trade Centre, Calicut. Organised by the Aluminium Dealer Forum, the event saw AIDO showcase its SLYNK Profiled Door System and advanced Digital Door Lock range. The SLYNK Profiled Door System is designed for seamless spatial transitions, minimal aesthetics, smooth operation and optimised space use. It supports wooden doors, framed glass doors and frameless glass doors, with configurations including invisible sliding, pocket sliding, telescopic sliding, synchro sliding and singl..