Edelweiss Financial Services consolidated net profit rises 39.66% in the March 2017 quarter

Capital Market 

Sales rise 27.90% to Rs 1896.80 crore

Net profit of Edelweiss Financial Services rose 39.66% to Rs 170.03 crore in the quarter ended March 2017 as against Rs 121.75 crore during the previous quarter ended March 2016. Sales rose 27.90% to Rs 1896.80 crore in the quarter ended March 2017 as against Rs 1483.09 crore during the previous quarter ended March 2016.

For the full year,net profit rose 47.04% to Rs 609.31 crore in the year ended March 2017 as against Rs 414.38 crore during the previous year ended March 2016. Sales rose 25.12% to Rs 6464.88 crore in the year ended March 2017 as against Rs 5167.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1896.801483.09 28 6464.885167.15 25 OPM %53.0960.46 -59.2863.23 - PBDT289.81207.38 40 1049.64661.40 59 PBT254.63180.37 41 943.21571.17 65 NP170.03121.75 40 609.31414.38 47

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

Edelweiss Financial Services consolidated net profit rises 39.66% in the March 2017 quarter

Sales rise 27.90% to Rs 1896.80 crore

Sales rise 27.90% to Rs 1896.80 crore

Net profit of Edelweiss Financial Services rose 39.66% to Rs 170.03 crore in the quarter ended March 2017 as against Rs 121.75 crore during the previous quarter ended March 2016. Sales rose 27.90% to Rs 1896.80 crore in the quarter ended March 2017 as against Rs 1483.09 crore during the previous quarter ended March 2016.

For the full year,net profit rose 47.04% to Rs 609.31 crore in the year ended March 2017 as against Rs 414.38 crore during the previous year ended March 2016. Sales rose 25.12% to Rs 6464.88 crore in the year ended March 2017 as against Rs 5167.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1896.801483.09 28 6464.885167.15 25 OPM %53.0960.46 -59.2863.23 - PBDT289.81207.38 40 1049.64661.40 59 PBT254.63180.37 41 943.21571.17 65 NP170.03121.75 40 609.31414.38 47

Powered by Capital Market - Live News

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

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