Edelweiss Financial Services Limited — Important, 14-05-2025: General Updates

Edelweiss has announced a board meeting on the financial results for the quarter and half-year. The firm accelerated its shift to asset-light SME lending, taking a $133 Mn markdown in ECL Finance’s wholesale book to support sustainable SME growth. Consolidated PBT surged 83% YoY to $94 Mn, while ex-insurance PAT hit $64 Mn. EAAA PAT rose 31%, Mutual Fund equity AUM grew 43%, and Zuno General Insurance cut losses by 61%. Net debt declined by $487 Mn to $1,305 Mn, with customer reach expanding 36% to 10 million.