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    Question

    IIFCL reported a growth of 44% in it net profit in

    2023-24. What was the profit after tax (PAT) reported by IIFCL for the financial year 2023-24?
    A тВ╣1,076 crore Correct Answer Incorrect Answer
    B тВ╣1,552 crore Correct Answer Incorrect Answer
    C тВ╣2,029 crore Correct Answer Incorrect Answer
    D тВ╣514 crore Correct Answer Incorrect Answer
    E тВ╣285 crore Correct Answer Incorrect Answer

    Solution

    The Annual Report highlights that IIFCL achieved net profit or Profit After Tax (PAT) of тВ╣1,552 crore in FY2023-24, a substantial increase from тВ╣1,076 crore in FY2022-23, growing by 44% y-o-y. This growth reflects the organization's focus on efficiency, risk management, and project diversification. ┬а

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