Edelweiss Financial Services today reported a 39.6 per cent increase in consolidated net profit at Rs 170.03 crore for the March quarter. The company had posted a net profit of Rs 121.75 crore in the corresponding January-March period of 2015-16. Total revenue of the company rose by 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 Rs 0.30 per equity share. Stock of the company was trading 4.45 per cent down at Rs 181.35 on BSE.
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