The company had registered a net profit of Rs 51 crore in the same quarter a year ago.
The company's income during January-March quarter of 2013-14 was at Rs 699 crore compared to Rs 600 crore in the same period a year ago, it said in a release.
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For the full year ended March 2014, its total revenue grew by 17% to Rs 2,556 crore and net profit registered a growth of 23% at Rs 220 crore.
Edelweiss Financial Services scrips spurted 19.92% to end at Rs 44.55 per share at close on BSE.