Edelweiss Financial Services Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Edelweiss has announced a board meeting which approved the financial results for the first quarter. The company reported a consolidated PAT (pre-minority interest) of ₹103 Cr, marking a 20% year-on-year increase. Consolidated revenue stood at ₹2,281 Cr. Key highlights include Alternative Asset Management AUM growing 12% to ₹62,970 Cr and Mutual Fund AUM also up 12% to ₹1,52,200 Cr. The Asset Reconstruction business saw strong recoveries of ₹4,753 Cr. Corporate net debt reduced by 26% to ₹6,350 Cr. Insurance businesses are on track to break-even by FY27, with losses down 93% this quarter. The company aims for an EAAA IPO around April 2026.