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?Solution
The Annual Report highlights that IIFCL achieved net profit or Profit After Tax (PAT) of ₹1,552 crore in FY2023-24, a substantial increase from ₹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. 
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