Edelweiss Financial Services Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 02:25 pm
14-05-2025 | 02:25 pm
Edelweiss Financial Services has announced a board meeting approving consolidated financial results showing a strong 83% YoY jump in PBT to ₹802 Cr and ex-insurance PAT of ₹545 Cr on revenues of ₹9,519 Cr. The Board has approved a dividend of ₹1.50 per share. AUM in EAAA grew 6% to ₹45,310 Cr with profits up 31%, mutual fund equity AUM surged 43% to ₹62,500 Cr, and insurance losses narrowed significantly, on track to breakeven by FY27. Consolidated net debt fell 27% YoY. Leadership change: Venkatchalam Ramaswamy moves to Vice Chairman. Customer base hit 10 million, rising 36% YoY.
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