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The Economic Times

Markets / The Economic Times

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IIFL nosedives 17% after receiving income-tax notice

IIFL Finance shares plunged 17% despite a 20% profit rise after receiving an income-tax notice for a past block period. The company deposited 1.47 crore towards potential revision of its returns. Despite the slump, IIFL Finance declared a 200% interim dividend as net profit grew to 501 crore.

23 Jan 2026 5:52 am