Edelweiss net profit up 26% at Rs 58 cr in Q3

Edelweiss recorded a net profit of Rs 57.8 crore, after taxes and excluding profits not available to public shareholders in the three months ending December.

It was up 25.54% from Rs 46.04 crore in the same quarter last year.  The company's fund based business contributed more than 80% of its overall income.

The segment which includes its lending as well as commodities business grew at 20% to Rs 528 crore, according to a statement issued by the company. Fee and commission income, which includes broking and asset management, grew 6% to Rs 87 crore.