Edelweiss Monetary Companies on Friday reported a consolidated web revenue of Rs 636.70 crore for the March 2021 quarter.
The corporate had posted a web lack of Rs 2,281.55 crore within the year-ago identical quarter. Sequentially additionally, there was a web lack of Rs 63 crore within the December 2020 quarter.
Whole consolidated earnings throughout January-March 2021 jumped to Rs 4,480.95 crore as in opposition to Rs 1,965.87 crore within the year-ago interval, Edelweiss mentioned in a regulatory submitting.
For the total monetary yr 2020-21, the non-banking monetary firm had a web revenue of Rs 253.91 crore, in distinction to a lack of Rs 2,043.77 crore in 2019-20.
Whole earnings for the yr rose to Rs 10,848.85 crore, in opposition to Rs 9,602.63 crore a yr in the past, the corporate mentioned.
The corporate’s board of administrators has permitted a last dividend of Rs 0.55 per share. Whole dividend for the yr stands at Rs 1.45 per share, it mentioned.
Edelweiss Monetary Companies Chairman and CEO Rashesh Shah mentioned the corporate’s enterprise has been resilient in these testing instances, and