Edelweiss Financial Services Q1 net up 41%

NEW DELHI, Aug 2: Edelweiss Financial Services today reported a 40.5 per cent jump in its consolidated net profit at Rs 196.3 crore for the first quarter ended June.
The company’s net profit in the corresponding quarter of 2016-17 had stood at Rs 139.68 crore.
“Total income increased to Rs 1,887.87 crore for the quarter ended June 2017 as against Rs 1,465.40 crore in the same period a year ago,” the company said in a BSE filing.
Edelweiss Group is a diversified financial services company with presence in retail segments through life insurance, housing finance, mutual fund and retail financial markets.
(PTI)