IIFL Securities Limited declared 150 percent dividend fixed record date – Business News India

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IIFL Securities Limited declared 150 percent dividend fixed record date – Business News India

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IIFL Securities Limited Share is a small-cap company trading as a Stockbroking firm. It has a market cap of ₹2,037.95 crore. IIFL Securities Company is a well-known online trading platform for investing in the stock market. The company has declared its Q3FY23 results today and has announced a dividend of 150% for the financial year 2022-2023. Shares of the company today closed at Rs 67.15, up 1.67%.

What did the company say?
The company said in a stock exchange filing that “The Board of Directors of the Company at its meeting held today i.e. January 23, 2023, has, inter alia, considered and approved an Interim Dividend of Rs. for the financial year 2022-2023. Will pay 150% dividend per equity share of face value of Rs 3. The record date for this has been fixed as February 03, 2023.

These shares climbed up to 160%, upper circuit for a month, names associated with Adani-Ambani

company quarterly results
The company declared a Net Revenue of ₹346.98 Crore in Q3FY23 on a consolidated basis as compared to ₹367.95 Crore posted in Q3FY22. IIFL Securities has reported a net profit of ₹64.56 crore for the quarter ended December 2022 on a consolidated basis, as against ₹86.07 crore posted in the quarter ending December 2021, a decline of 25% year-on-year. IIFL Securities’ EPS declined to Rs 2.12 per share in the third quarter of FY23, as against Rs 2.84 in the year-ago quarter.

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