Edelweiss Financial shares tank 10% after Q4 net profit drops 17% to Rs 87.60 crore; firm announces dividend
Edelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure on earnings and revenue, the company showed steady growth in asset management and insurance segments. It also announced a dividend, while management flagged global uncertainties impacting the outlook.
Sending Money to India?
Better USD → INR rates, lower fees.
Related News
Business
RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank

Business
Shivon Zilis testifies in OpenAI trial: Why she matters in Musk's lawsuit against Altman — her relation with Tesla CEO?

Business
Former CJI Chandrachud to mediate dispute between Sunjay Kapur's wife and mother over his personal assets
Comments
Login to leave a comment











