Net worth was eroded due to high non-performing assets but aggressive recovery and resolution drive has made the company profitable for the past few years. Last financial year, the company posted a profit of USD 19 million.
source https://economictimes.indiatimes.com/industry/banking/finance/iifcl-uk-arm-to-turn-net-worth-positive-this-fiscal-dividend-expected-next-year-md/articleshow/95338584.cms
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