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Edelweiss Financial Services reports 47% rise in Q2 consolidated net profit

Edelweiss Financial Services reports 47% rise in Q2 consolidated net profit

Edelweiss Financial Services has reported results for second quarter ended September 30, 2018.

The company has reported a marginal fall of 3.18% in its net profit at Rs 25.25 crore for the quarter under review as compared to Rs 26.08 crore for the same quarter in the previous year. Total income of the company decreased by 29.10% at Rs 75.20 crore for Q2FY19 as compared Rs 106.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.05% in its net profit at Rs 272.27 crore for the quarter under review as compared to Rs 185.16 crore for the same quarter in the previous year. Total income of the company increased by 31.64% at Rs 2,672.59 crore for Q2FY19 as compared Rs 2,030.23 crore for the corresponding quarter previous year.

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