Edelweiss Financial Services Limited — Important, 29-10-2024: Updates

Edelweiss Financial Services Limited reported robust growth for the second quarter and first half of FY2024, with consolidated PAT rising 45% year-on-year to ₹1107 Cr. Key highlights include a 12% year-on-year increase in customer assets, an impressive 73% increase in equity AUM, and a reduction in net debt by ₹2,250 Cr. The company remains focused on enhancing profitability in its diverse business segments while continuing to strengthen its balance sheet.