Shares of IIFL Finance, a non-banking finance company, increased nearly 6% to reach an intraday high of ₹473 on the National Stock Exchange (NSE) following the release of strong financial results for the March 2026 quarter (Q4FY26). The stock was trading at ₹460 around midday, up from the previous close of ₹447. The company's market capitalization stands at ₹19,578 crore. IIFL Finance reported consolidated assets under management (AUM) of ₹1,08,180 crore, marking a 10% quarter-on-quarter and 38% year-on-year increase. Profit after tax rose to ₹623.2 crore, reflecting a 148% year-on-year growth. The company's asset quality also improved, with gross non-performing assets declining to 1.5%. Nirmal Jain, the company's founder, highlighted the focus on secured lending and capital efficiency as key to their success. Motilal Oswal Financial Services noted strong momentum in the gold loan segment and has raised its FY27 earnings per share estimate by 6%, maintaining a 'Buy' rating with a target price of ₹600 based on a sum-of-the-parts valuation.