Edelweiss Financial Services standalone net profit declines 7.46% in the March 2017 quarter

Sales rise 42.47% to Rs 122.91 crore

Net profit of Edelweiss Financial Services declined 7.46% to Rs 41.30 crore in the quarter ended March 2017 as against Rs 44.63 crore during the previous quarter ended March 2016. Sales rose 42.47% to Rs 122.91 crore in the quarter ended March 2017 as against Rs 86.27 crore during the previous quarter ended March 2016.

For the full year,net profit declined 17.08% to Rs 129.01 crore in the year ended March 2017 as against Rs 155.58 crore during the previous year ended March 2016. Sales rose 33.91% to Rs 423.53 crore in the year ended March 2017 as against Rs 316.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales122.9186.27 42 423.53316.29 34 OPM %69.7563.89 -67.7465.70 - PBDT47.4546.16 3 146.42187.54 -22 PBT46.5945.61 2 143.59184.98 -22 NP41.3044.63 -7 129.01155.58 -17

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