IIFL Securities Ltd (BOM:542773)

₹ 228 8.65 (3.94%) Market Cap: 70.25 Bil Enterprise Value: 37.12 Bil PE Ratio: 13.90 PB Ratio: 3.93 GF Score: 76/100

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Q2 2024 IIFL Securities Ltd Earnings Call Transcript

Oct 18, 2023 / 06:30AM GMT

Release Date Price: ₹107.83 (+14.66%)

Transcript

Operator

Ladies and gentlemen, good day, and welcome to the IIFL Securities Limited Q2 FY '24 Earnings Conference Call. (Operator Instructions). Please note that this conference is being recorded. I now hand the conference over to Mr. R. Venkataraman. Thank you, and over to you, sir.

Rajamani Venkataraman

IIFL Securities Limited - Chairman & MD

Thank you, and good afternoon, everybody. Welcome to the Q2 FY '24 Analyst Call for IIFL Securities. The global economy has proven to be more resilient than what was expected but outlook continues to remain weak. Most organizations, global think tanks continue to say that Asia is a driver with India leading the way. India's macroeconomic situation continues to remain stagnant. However, geopolitics continues to cast its shadow, earlier we had Ukraine and Russia, now we have Israel and Hamas. That is one dark cloud in the horizon, which refuses to go away.

Coming to our business. We are optimistic about the India growth story. We are optimistic of capitalizing on the India growth story and we continue to make

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