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Edelweiss Financial Services has reported a decline in its consolidated net profit for the latest March quarter, falling 16.65% to INR 132 crore compared with INR 158.32 crore in the same period last year. The company also saw its total income reduce to INR 1,969.28 crore from INR 2,343.26 crore a year earlier. Despite quarterly pressure, the firm recorded stronger full-year performance with higher profit and income. The board has proposed a dividend of INR 1.50 per share, subject to approval at the upcoming annual general meeting. Its alternatives arm is progressing towards an IPO.
Edelweiss Financial Services reported a decline in its consolidated net profit for the latest March quarter, which stood at INR 132 crore compared with INR 158.32 crore in the corresponding period of the previous year, reflecting a drop of 16.65%.
The company’s total income for the quarter also moved lower to INR 1,969.28 crore from INR 2,343.26 crore recorded in the same quarter of the previous financial year, as per its statement.
Along with the quarterly results, the board of the company recommended a dividend of INR 1.50 per share. The payout will be subject to approval by shareholders at the forthcoming annual general meeting.
For the full financial year ended March 31, 2026, the company reported improved performance with a net profit of INR 680.46 crore, up from INR 536 crore in the previous financial year. Total income for the year also increased to INR 10,865 crore from INR 9,516 crore in the earlier fiscal.
The company’s arm, EAAA India Alternatives, which recently secured approval from the market regulator for its initial public offering, is stated to be moving ahead with its listing process.
On the stock market, shares of Edelweiss Financial Services were trading lower by 7.44% at INR 114.90 on the BSE.
Source PTI
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