Edelweiss Financial Services Ltd posts consolidated Q4FY24 PAT of Rs. 169.11 crores

Edelweiss Financial Services Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3026.62 crores during the period ended March 31, 2024 as compared to Rs. 2414.55 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 169.11 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 125.09 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 1.88 for the period ended March 31, 2024 as compared to Rs. 1.39 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹3026.62 crs	₹2414.55 crs	25.35%
Net Profit	₹169.11 crs	₹125.09 crs	35.19%
EPS	₹1.88	₹1.39	35.25%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.3026.62 crores during the period ended March 31, 2024 as compared to Rs.3027.03 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.169.11 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.149.31 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.1.88 for the period ended March 31, 2024 as compared to Rs.1.66 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹3026.62 crs	₹3027.03 crs	-0.01%
Net Profit	₹169.11 crs	₹149.31 crs	13.26%
EPS	₹1.88	₹1.66	13.25%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.9601.57 crores during the Financial Year ended March 31, 2024 as compared to Rs.8632.58 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.420.69 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.344.16 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.4.68 for the Financial Year ended March 31, 2024 as compared to Rs.3.83 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹9601.57 crs	₹8632.58 crs	11.22%
Net Profit	₹420.69 crs	₹344.16 crs	22.24%
EPS	₹4.68	₹3.83	22.19%

Shares of Edelweiss Financial Services Limited was last trading in BSE at Rs. 74.61 as compared to the previous close of Rs. 76.81. The total number of shares traded during the day was 543945 in over 3826 trades.

The stock hit an intraday high of Rs. 77.94 and intraday low of 73.75. The net turnover during the day was Rs. 40723726.00.

Source : Equity Bulls

Keywords

EdelweissFinancialServices Q4FY24 FY2024 ResultUpdate