Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s): FFXDF

Financial Services Asset Management

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes its investments either directly or through one of its wholly owned subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius) and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.

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Fairfax India Holdings Corp > IIFL Holdings results

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Post by petebrown1963on May 19, 2019 3:17pm

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Post# 29759808

IIFL Holdings results

This is the main component of Fairfax India. Held up nicely despite the trouble NBFCs have had in India recently. Too bad the IIFL share price is stuck in the mud. New Delhi: IIFL Holdings Wednesday posted a rise of 30 per cent in net profit at Rs 373 crore for March quarter 2018-19. The company's net profit in the year-ago period stood at Rs 286.1 crore. Income during the latest quarter grew 32 per cent to Rs 1,276 crore from Rs 965 crore in year-ago period, IIFL Holdings said in a statement.

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