Let $G$ be a locally profinite group and let $K$ be a compact open subgroup. All the representations are assumed to be smooth and complex. Let $\sigma$ be an irreducible representation of $K$.
Is it true that the irreducible subquotients of the compactly induced representation $$\mathrm{c-Ind}_{K}^{G} \sigma$$ are precisely those irreducible representations $\pi$ of $G$ which contain $\sigma$ upon restriction to $K$ ?
Sure enough, such an irreducible representation $\pi$ of $G$ is a subquotient of $\mathrm{c-Ind}_{K}^{G} \sigma$ ; it is in fact even a quotient. Indeed, by Frobenius reciprocity we have $$\mathrm{Hom}_G(\mathrm{c-Ind}_{K}^{G} \sigma,\pi) \simeq \mathrm{Hom}_K(\sigma,\pi_{|K})$$ and the right-hand side is non-zero by hypothesis. Thus, there is a non-zero $G$-map $\mathrm{c-Ind}_{K}^{G} \sigma\to \pi$, which must be surjective as $\pi$ is irreducible. So, the representation $\pi$ is isomorphic to the quotient of $\mathrm{c-Ind}_{K}^{G} \sigma$ by the kernel of the map.
The same argument also shows that any irreducible quotient of $\mathrm{c-Ind}_{K}^{G} \sigma$ contains $\sigma$ when restricted to $K$.
Now, I noticed that any irreducible subspace of $\mathrm{c-Ind}_{K}^{G} \sigma$ also contains $\sigma$ when restricted to $K$, if I'm not mistaken. Indeed, let $\pi$ be such an irreducible subspace. In particular, it is also a subspace of $\mathrm{Ind}_{K}^{G} \sigma$. By Frobenius reciprocity, we have $$\mathrm{Hom}_G(\pi,\mathrm{Ind}_{K}^{G} \sigma) \simeq \mathrm{Hom}_K(\pi_{|K},\sigma)$$ The left-hand side is non-zero as we have the inclusion morphism ; thus the right-hand side neither is zero. But now, $K$ is an open compact subgroup so $\pi_{|K}$ is $K$-semisimple. It implies that we have an isomorphism $$\mathrm{Hom}_K(\pi_{|K},\sigma) \simeq \mathrm{Hom}_K(\sigma,\pi_{|K})$$ So that $\pi$ does contain $\sigma$ when restricted to $K$.
Now, what about a more general irreducible subquotient $\pi$ ? It means that we have two $G$-subspaces $W\subset V \subset \mathrm{c-Ind}_{K}^{G} \sigma$ such that $\pi \simeq V/W$ as $G$-representations. By the same argument as above, I see that both $V$ and $W$ contain $\sigma$ when restricted to $K$, but it looks like I can't have information on the multiplicity. The $\sigma$-isotypic compotents could cancel each other when forming the quotient $V/W$.
Am I missing something or is my statement false ?