IOOF Holdings has recorded $46.1 million statutory profit for the six months to Dec 31, a period when its adviser base expanded by 270 and added $6.8 billion to its funds under advice, in results the group called resilient.

For the six months to Dec 31 2011, IOOF completed the acquisition of DKN Financial Group, resulting in the high additions to its adviser base and FUA.

Since acquisition, DKN has contributed $2.3 million underlying net profit after tax (UNPAT), pre amortisation in three months.

The group also listed its entire UNPAT pre amortisation result as $48.7 million, which IOOF said better reflects its operational result.

"This result in challenging markets demonstrates IOOF's resilience. While revenue is reflective of markets and broader industry trends, IOOF's margins have remained steady," said Chris Kelaher, IOOF managing director.

In the results, IOOF recorded a total funds under management, administration, advice and supervision of $106.6 billion, which represents a $0.4 billion improvement since June 30 2011.

IOOF's flagship platforms also had positive net inflows, gaining $282 million.

IOOF said will maintain its focus on investment in organic growth initiatives such as new products, continuing on from its recent launch of Pursuit Focus - a cost effective, fee for service offering that is FOFA and MySuper ready.

Finally IOOF announced that the group has declared a fully franked 19c per share dividend to be paid on April 4 2012.

"Pleasingly for all shareholders, this 19c dividend is at the upper end of our dividend policy pay-out range of 60-90%. Moreover it is a measure of IOOF's strong balance sheet, high cash inflow and low gearing," said Kelaher.