Business Standard

Edelweiss Capital net falls 22.6% to Rs 43.6cr

Image

BS Reporter Mumbai

Edelweiss Capital has posted a profit after tax of Rs 43.6 crore in this quarter, a drop of 22.6 per cent from Rs 56.33 crore in the second quarter of the last financial year. This is a drop of 31.5 per cent from last quarter's net profit.

The fee and commission revenues have dropped by 27 per cent, from Rs 92.54 crore in the second quarter of FY08 to Rs 67.76 crore in this quarter. Treasury, arbitrage and trading revenues have shown a marginal increase of 12.5 per cent to Rs 85.31 crore in the second quarter of FY09. Interest revenues have shown the sharpest surge, growing by 167 per cent to Rs 84.43 crore.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 23 2008 | 5:23 PM IST

Explore News