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This Article is From Nov 09, 2016

Edelweiss Financial Services Q2 Net Jumps 51% To Rs 144 Crore

Its net profit in the corresponding quarter of the previous fiscal stood at Rs 95.69 crore.

Edelweiss Financial Services Q2 Net Jumps 51% To Rs 144 Crore
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Edelweiss Financial Services Ltd.
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New Delhi: Edelweiss Financial Services on Wednesday reported a  50.92 per cent jump in consolidated net profit at Rs 144.42 crore for the quarter ended September helped by higher income.

Its net profit in the corresponding quarter of the previous fiscal stood at Rs 95.69 crore.

Total income from operations increased to Rs 1,592.18 crore during the quarter under review, up 28.42 per cent, from Rs 1,239.77 crore in the same period a year ago, it said in a BSE filing.

Edelweiss Financial Services shares were trading 6.51 per cent lower at Rs 104.20 apiece on BSE in the morning trade.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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