Edelweiss Financial Services standalone net profit rises 47.55% in the March 2018 quarter

Capital Market 

Sales decline 4.08% to Rs 117.89 crore

Net profit of rose 47.55% to Rs 60.94 crore in the quarter ended March 2018 as against Rs 41.30 crore during the previous quarter ended March 2017. Sales declined 4.08% to Rs 117.89 crore in the quarter ended March 2018 as against Rs 122.91 crore during the previous quarter ended March 2017.

For the full year,net profit rose 10.58% to Rs 142.66 crore in the year ended March 2018 as against Rs 129.01 crore during the previous year ended March 2017. Sales declined 0.77% to Rs 420.27 crore in the year ended March 2018 as against Rs 423.53 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales117.89122.91 -4 420.27423.53 -1 OPM %68.2269.75 -61.2267.74 - PBDT78.8647.45 66 182.66146.42 25 PBT77.1546.59 66 178.60143.59 24 NP60.9441.30 48 142.66129.01 11

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First Published: Thu, May 03 2018. 17:45 IST