IIFL Finance Limited has repurchased and settled USD 1,369,526.04 of its Senior Secured Fixed Rate Notes due 2028. The transaction, which includes accrued interest, was executed at a premium and reduces the total principal outstanding of USD 413,325,000 issued under Regulation S and Rule 144A of the U.S. Securities Act 1933.

The repurchase was conducted in compliance with the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, and the Reserve Bank of India Master Direction regarding External Commercial Borrowings. The company confirmed the transaction remained within the limit approved by its Authorised Dealer bank.

Key Details of the Repurchase

The following table outlines the specifics of the transaction:

The disclosure was submitted to the BSE Limited and The National Stock Exchange of India Limited pursuant to Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was also filed with the India International Exchange (IFSC) Limited and NSE IFSC Limited under Regulation 116 of the International Financial Services Centres Authority (Listing) Regulations, 2024.

IIFL Finance Limited reported a consolidated net profit of ₹713.13 crore for the quarter ended June 30, 2026, representing a 160% increase from ₹274.17 crore in the corresponding period of the previous year. Profit before tax rose 161% year-on-year to ₹928.64 crore. Total income for Q1FY27 stood at ₹3,921.88 crore, up 33% YoY. The company's assets under management (AUM) grew 38% YoY to ₹1,15,523 crore, with gold loans emerging as the primary growth driver, surging 114% YoY to ₹58,406 crore.

Financial Performance

The company's board approved the unaudited financial results for Q1FY27 at its meeting held on July 22, 2026. Pre-provision operating profit increased 50% YoY to ₹1,252.4 crore. On a standalone basis, IIFL Finance reported a net profit of ₹467.11 crore for Q1FY27, up from ₹132.77 crore in the year-ago period. Standalone total income was recorded at ₹2,344.55 crore. The following table summarises the key consolidated financial metrics for the quarter:

Asset Quality and Capital Ratios

IIFL Finance reported a Gross Non-Performing Assets (GNPA) ratio of 1.55% for Q1FY27, up from 1.46% in the previous quarter, while the Net NPA (NNPA) ratio stood at 0.82%, compared to 0.73% on a quarter-on-quarter basis. The Provision Coverage Ratio strengthened to 94%. Computed consolidated Capital to Risk-weighted Assets Ratio (CRAR) stood at 24.30%. Return on Assets (ROA) was reported at 3.10%, while Return on Equity (ROE) annualised at 19.50%.

Strategic Updates and Leadership

Mr. Amit Sharma, Business Head–Unsecured Lending, stepped down from his position effective July 22, 2026, pursuant to an internal movement within the company. The Joint Statutory Auditors, Sharp & Tannan Associates and G. M. Kapadia & Co., carried out a limited review of the results. The company raised US$500 million through the issuance of 7.60% p.a. Fixed Rate, Senior, Secured Notes due 2029. The notes are listed on India International Exchange (IFSC) Limited and NSE IFSC Limited.