Edelweiss Financial Services disclosed a substantial rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 40.56% to Rs 782.50 million from Rs 556.70 million in the same quarter previous year.
Net sales for the quarter rose 30.25% to Rs 8,068.10 million, compared with Rs 6,194 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.97, registering 34.72% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 8,068.10 | 6,194.30 | 30.25 |
| Net Profit | 782.50 | 556.70 | 40.56 |
| Basic EPS | 0.97 | 0.72 | 34.72 |
Shares of the company declined Rs 0.5, or 0.78%, to trade at Rs 64.00. The total volume of shares traded was 67,429 at the BSE (12.16 p.m., Friday).
