Edelweiss Asset Reconstruction Company standalone net profit rises 7.25% in the March 2024 quarter

Sales rise 29.35% to Rs 330.93 crore

Net profit of Edelweiss Asset Reconstruction Company rose 7.25% to Rs 99.31 crore in the quarter ended March 2024 as against Rs 92.60 crore during the previous quarter ended March 2023. Sales rose 29.35% to Rs 330.93 crore in the quarter ended March 2024 as against Rs 255.84 crore during the previous quarter ended March 2023.

For the full year,net profit rose 11.56% to Rs 355.20 crore in the year ended March 2024 as against Rs 318.39 crore during the previous year ended March 2023. Sales rose 6.78% to Rs 1068.51 crore in the year ended March 2024 as against Rs 1000.70 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales330.93255.84 29 1068.511000.70 7 OPM %81.4588.16 -86.5587.72 - PBDT133.90123.90 8 479.17430.27 11 PBT133.59123.53 8 477.61429.05 11 NP99.3192.60 7 355.20318.39 12

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