Edelweiss Financial Services consolidated net profit rises 13.26% in the March 2024 quarter

Image
Last Updated : May 15 2024 | 9:07 AM IST

Sales decline 1.37% to Rs 2961.31 crore

Net profit of Edelweiss Financial Services rose 13.26% to Rs 169.11 crore in the quarter ended March 2024 as against Rs 149.31 crore during the previous quarter ended March 2023. Sales declined 1.37% to Rs 2961.31 crore in the quarter ended March 2024 as against Rs 3002.41 crore during the previous quarter ended March 2023.

For the full year,net profit rose 22.24% to Rs 420.69 crore in the year ended March 2024 as against Rs 344.16 crore during the previous year ended March 2023. Sales rose 12.15% to Rs 9480.74 crore in the year ended March 2024 as against Rs 8453.75 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2961.313002.41 -1 9480.748453.75 12 OPM %30.7126.76 -34.2633.29 - PBDT251.08198.72 26 563.52522.88 8 PBT217.89148.49 47 437.39384.72 14 NP169.11149.31 13 420.69344.16 22

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 15 2024 | 7:30 AM IST

Next Story