Q3 2024 IIFL Securities Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to IIFL Securities Limited Q3 FY24 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.
Thank you, and good afternoon, everyone, and welcome to the Q3 FY24 analyst call of IIFL Securities. Along with me is Ronak Gandhi who is our CFO. Wishing all of you a very happy and prosperous New Year.
Coming to the global macros, India remains the fastest growing economy with real GDP expected to grow upwards of 6% over the next two years. Monetary policy easing across the globe is expected to start somewhere in the second half of calendar '24, which should support business investment and discretionary household spending. In an Indian context, government investment will continue to remain high.
Downside risks remain due to heightened geopolitical tensions. Coming specifically to Indian markets, calendar '23
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