Latest news about IL&FS Investment Managers
IL&FS Investment Managers Reports Q1 Loss, Faces Ongoing Challenges Aug 14, 2025
IL&FS Investment Managers Limited (IIML) reported a net loss of ₹22.69 lakhs in Q1, an improvement from the ₹334.07 lakhs loss in the same quarter last year. The company had no revenue from operations, with total revenue of ₹144.67 lakhs coming entirely from other income. Total expenses were ₹167.36 lakhs. IIML couldn't adopt consolidated results due to two subsidiaries not providing limited review results. Auditors issued a qualified conclusion, citing ongoing SFIO investigation. IL&FS has invited EoIs for the sale of its entire stake in IIML.