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Edelweiss Financial Q4 net rises 40 pc to Rs 170 cr

Press Trust of India  |  New Delhi 

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 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

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 11:57 IST