Edelweiss Financial Services has reported results for second quarter ended September 30, 2012.
The company has reported 91.13% fall in its net profit at Rs 1.56 crore for the quarter ended September 30, 2012 as compared to Rs 17.58 crore for the same quarter in the previous year. Total income of the company has increased by 61.76% at Rs 20.35 crore for quarter under review as compared to Rs 53.21 crore for the quarter ended September 30, 2011.
On consolidated basis, the company has posted 57.98% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 41.58 crore for the quarter ended September 30, 2012 as compared to Rs 26.32 crore for the same quarter in the previous year. Group’s total income has increased by 39.59% at Rs 509.07 crore for quarter under review as compared to Rs 364.70 crore for the quarter ended September 30, 2011.
