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Edelweiss Financial Services reported a 56 per cent rise in its third quarter net profit as the diversified financial services company earned higher interest and treasury income.
In the October-December quarter, the Mumbai-based company earned a net profit of Rs 46 crore (Rs 29 crore in Q3FY11) on income of Rs 537 crore. The company’s interest and capital-based income, including treasury operations, rose 18 per cent to Rs 439 crore. The board also declared an interim divided of Re 0.55 per equity share.
satyanarayan.iyer@thehindu.co.in
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