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Edelweiss books Rs 2,819 cr pre-tax loss in Q4 on spike in provisions

Plans to bring PE as investor in wealth & asset mgt business; raise up to $200 mn in equity

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Edelweiss Financial Services

Abhijit Lele  |  Mumbai 



edelweiss financial services
The company had booked profit before tax of Rs 405.6 crore in fourth quarter ended March 2019

(EFSL) has posted a pre-tax loss of Rs 2,818.9 crore for the fourth quarter ended March 2020, on an increase in provisions for impairment on loans and financial instruments.
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First Published: Sun, July 05 2020. 14:02 IST

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