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Edelweiss Financial posts 50% decline in Q1 net profit at Rs 134 cr
Company's net profit in the corresponding April-June quarter of previous fiscal was at Rs 263.32 crore
Edelweiss Financial dips 7% on disappointing Q1 results
The stock dipped 7% to Rs 303 on the BSE in intra-day trade after the company reported a lower-than-expected 31% YoY growth in consolidated net profit at Rs 2.64 billion in June quarter.
Edelweiss Financial Services Q1 net profit up 41% at Rs 196 cr
Total revenues rose by 28% to Rs 1,898 cr from Rs 1,478 cr in April June 2016
