Credit Analysis & Research (CARE) has assigned ‘AA’ rating to Edelweiss Financial Services’ long term debt programme of worth Rs 50 crore.Earlier, the company had registered a rise of 26.26% in its net profit at Rs 13.75 crore in Q3FY14 as compared to Rs 10.89 crore in the corresponding quarter previous year. The total income of the company had increased by 42.58% to Rs 47.48 crore for the quarter under review as compared to Rs 33.30 crore in the same quarter last year.
On the consolidated basis, the group had reported 25.54% rise in its net profit at Rs 57.80 crore for the quarter as compared to Rs 46.04 crore for the same quarter in the previous year. Total income of the company had increased by 19.50% at Rs 641.38 crore for quarter under review as compared to Rs 536.68 crore for the quarter ended December 31, 2012.
Edelweiss Financial Services (EFSL) is India’s leading diversified financial services company. It is engaged in the business of investment banking, brokerage services, asset management and financing.
Company Name | CMP |
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Shriram Finance | 2359.50 |
Aditya Birla Capital | 225.70 |
SBI Cards AndPayment | 709.10 |
Chola Invest & Fin. | 1285.00 |
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