IIFL Finance Ltd (BOM:532636)
₹ 521.2 -2.4 (-0.46%) Market Cap: 221.09 Bil Enterprise Value: 664.43 Bil PE Ratio: 11.63 PB Ratio: 1.91 GF Score: 72/100
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Q1 2024 IIFL Finance Ltd Earnings Call Transcript

Jul 28, 2023 / 09:00AM GMT
Release Date Price: ₹553.38 (-2.09%)
Operator

Good day, and welcome to IIFL Finance Limited Q1 FY '24 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Nirmal Jain. Thank you, and over to you, sir.

Nirmal Bhanwarlal Jain
IIFL Finance Limited - Founder, MD & Executive Director

Thank you, and a warm welcome to all of you for being on the call. So I also have Kapish, who's our CFO; and Venkatesh is here today, he's our CEO of Microfinance business, and they will actually take over after I just give opening remarks.

So as all of us know that Indian economy has been doing well. And in fact, in a world where most of the economies are in bad state, India stands out. And India's intellectual standing as well as our relationship with the U.S. after PM Modi ji's visit has had a dramatic change. And in terms of the excitement about India, I think it's at an all-time high. And also our economy now is on double engine like many state governments. So till now, we were working -- we were just depending a lot on

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