Money & Banking

Edelweiss Financial Q4 net jumps 40%

PTI New Delhi | Updated on January 11, 2018 Published on May 17, 2017

Edelweiss Financial Services today reported a 39.6 per cent increase in consolidated net profit at Rs 170.03 crore for the quarter ended March 31, 2017.

The company had posted a net profit of Rs 121.75 crore in the corresponding January-March period of 2015-16.

Total revenues of the company rose 26.99 per cent to Rs 1,937.58 crore in the quarter under review from Rs 1,525.71 crore a year ago, the company said in a regulatory filing.

Edelweiss Financial Services also said its board of directors has recommended a final dividend of Re 0.30 per equity share.

The company shares were trading 4.45 per cent down at Rs 181.35 on the BSE.

Published on May 17, 2017
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