Edelweiss Financial Services reported a net profit of ₹105.3 crore for the quarter ended March 31, 2025 (Q4 FY25), registering a sharp decline of 37.7% year-on-year from ₹169 crore in Q4 FY24. The drop in profitability came despite a significant improvement in core interest income.
The company’s Net Interest Income (NII) stood at ₹125.4 crore, a sharp jump compared to ₹21.9 crore in the corresponding quarter last year, indicating stronger lending margins and improved yield management.
For the full year FY25, EFSL reported a consolidated profit before tax (PBT) of ₹801.6 crore, an 83% increase YoY. Excluding insurance, the company posted a post-tax profit of ₹545 crore. The board also recommended a dividend of ₹1.50 per share, subject to shareholder approval.
Key business highlights:
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Alternatives business (EAAA) AUM grew 9% YoY to ₹59,640 crore with profitability up 31%.
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Mutual fund equity AUM surged 43% YoY to ₹62,500 crore with retail folios up 64%.
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Zuno General Insurance saw gross premium income rise 19% YoY, with losses reduced by 61%.
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Life Insurance premium grew 8% YoY to ₹2,086 crore, achieving profitability in Q4.
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Asset reconstruction business profit rose to ₹528 crore, up from ₹478 crore YoY.
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Customer base crossed 10 million, growing 36% YoY.
Balance sheet and strategic updates:
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Consolidated net debt reduced by 27% YoY to ₹4,170 crore.
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Capital adequacy remained strong at over 32% across credit entities.
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Transition of Mr. Venkatchalam Ramaswamy to Vice Chairman & Non-Executive Director was approved.
Chairman Rashesh Shah remarked, “We remain confident in India’s structural strengths and are strategically positioned to navigate macroeconomic trends to deliver long-term value.”
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