Edelweiss Financial Services Q3 net jumps 52% at Rs 2.36 billion

PAT growth has been at a CAGR of 38% for past 27 quarters

Edelweiss Financial Services (EFS) registered a net profit of Rs 2.36 billion for the quarter ended December 31, 2017, up by 52 per cent, as against Rs 1.55 billion in the corresponding quarter of the previous year.

On a sequential basis, Edelweiss’ net profit increased from Rs 2.09 billion in the second quarter or September 2017 to Rs 2.35 billion by December end.

Total revenue from operations rose to Rs 20.85 billion during Q3 FY18, up by three per cent as against Rs 20.17 billion in the previous corresponding quarter. On a year-on-year (y-o-y) basis, total revenue up by 30