IIFL Securities announced that the 25th Annual General Meeting (AGM) of the company will be held on 30 June 2020.

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Net profit of IIFL Securities declined 0.03% to Rs 37.27 crore in the quarter ended March 2020 as against Rs 37.28 crore during the previous quarter ended March 2019. Sales declined 4.85% to Rs 196.53 crore in the quarter ended March 2020 as against Rs 206.54 crore during the previous quarter ended March 2019.

For the full year,net profit rose 36.49% to Rs 233.98 crore in the year ended March 2020 as against Rs 171.43 crore during the previous year ended March 2019. Sales declined 13.32% to Rs 723.91 crore in the year ended March 2020 as against Rs 835.13 crore during the previous year ended March 2019.

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Net profit of IIFL Securities rose 130.03% to Rs 58.68 crore in the quarter ended March 2020 as against Rs 25.51 crore during the previous quarter ended March 2019. Sales declined 2.57% to Rs 158.01 crore in the quarter ended March 2020 as against Rs 162.18 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.60% to Rs 142.62 crore in the year ended March 2020 as against Rs 144.94 crore during the previous year ended March 2019. Sales declined 13.69% to Rs 596.11 crore in the year ended March 2020 as against Rs 690.67 crore during the previous year ended March 2019.

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IIFL Securities will hold a meeting of the Board of Directors of the Company on 15 May 2020.

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