{"id":143061,"date":"2023-03-01T05:18:29","date_gmt":"2023-03-01T10:18:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143061"},"modified":"2023-03-01T05:18:31","modified_gmt":"2023-03-01T10:18:31","slug":"earnings-edelweiss-financial-services-limited-nseedelweiss-q3fy23-results-out-total-income-rise-13-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-edelweiss-financial-services-limited-nseedelweiss-q3fy23-results-out-total-income-rise-13-yoy\/","title":{"rendered":"Earnings | Edelweiss Financial Services Limited (NSE:EDELWEISS): Q3FY23 Results Out; Total Income rise 13% YoY"},"content":{"rendered":"\n<p>Edelweiss Financial Services Limited (NSE:EDELWEISS) is a diversified financial services company based in India. It was founded in 1995 and is headquartered in Mumbai. The company offers a wide range of financial products and services including wealth management, asset management, capital markets, investment banking, and insurance. Edelweiss has a strong presence in the Indian financial market and has been recognized for its innovative and customer-centric approach. The company has received several awards and accolades for its performance and contribution to the financial sector in India.<\/p>\n\n\n\n<p>Edelweiss Financial Services Limited, reported its Q3FY23 results. The company posted a post-MI (minority interest) consolidated PAT (profit after tax) of Rs 101 crore, which is a 44% YoY growth. The post-MI ex-insurance PAT was Rs 166 crore, which is a 31% YoY growth. The company&#8217;s revenue for the quarter was Rs 2,142 crore.<\/p>\n\n\n\n<p>The Q3FY23 results showed healthy profitability across businesses and strong growth. Asset management AUM (assets under management) growth was at Rs 13,000 crore, with profitability at Rs 68 crore, which is a 209% YoY growth. Alternatives AUM was at Rs 45,000 crore, which is a 49% YoY growth. Asset reconstruction profitability was at Rs 85 crore, which is a 26% YoY growth. Credit business profitability was at Rs 40 crore, which is an 8% YoY growth. The gross written premium for General Insurance business increased by 27% YoY.<\/p>\n\n\n\n<p>The balance sheet for Q3FY23 showed a net worth of Rs 8,369 crore. The debt was reduced by approximately Rs 6,000 crore over the last 2 years to Rs 24,690 crore. The company has conservative provisioning of credit assets, and its liquidity is comfortable at Rs 6,465 crore, which is approximately 26% of the debt. The capitalization across businesses is strong, with capital adequacy of over 34% across credit entities.<\/p>\n\n\n\n<p>In summary, Edelweiss Financial Services Limited&#8217;s Q3FY23 results show a strong performance with healthy profitability and growth across businesses. The company has a comfortable liquidity position, conservative provisioning of credit assets, and strong capitalization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edelweiss Financial Services Limited (NSE:EDELWEISS) is a diversified financial services company based in India. It was founded in 1995 and is headquartered in Mumbai. The company offers a wide range of financial products and services including wealth management, asset management, capital markets, investment banking, and insurance. Edelweiss has a strong presence in the Indian financial [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":["post-143061","post","type-post","status-publish","format-standard","hentry","category-latest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147452,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-edelweiss-financial-services-limited-for-q4-fy23\/","url_meta":{"origin":143061,"position":0},"title":"Earnings Summary Of Edelweiss Financial Services Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 26, 2023","format":false,"excerpt":"Edelweiss Financial Services Limited is a diversified financial services company based in India. Established in 1995, Edelweiss offers a wide range of financial products and services to individual and institutional clients. With a focus on innovation, customer-centricity, and ethical business practices, Edelweiss has emerged as a prominent player in the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-1-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147455,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-edelweiss-financial-services-limited-for-q4-fy23-2\/","url_meta":{"origin":143061,"position":1},"title":"Earnings Summary Of Edelweiss Financial Services Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 26, 2023","format":false,"excerpt":"Edelweiss Financial Services Limited is a diversified financial services company based in India. Established in 1995, Edelweiss offers a wide range of financial products and services to individual and institutional clients. With a focus on innovation, customer-centricity, and ethical business practices, Edelweiss has emerged as a prominent player in the\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":180271,"url":"https:\/\/alphastreet.com\/india\/edelweiss-financial-services-limited-charts-multi-year-growth-across-asset-management-and-insurance-businesses\/","url_meta":{"origin":143061,"position":2},"title":"Edelweiss Financial Services Limited charts multi-year growth across asset management and insurance businesses","author":"Staff Correspondent","date":"February 10, 2026","format":false,"excerpt":"Edelweiss Financial Services Limited (NSE: EDELWEISS, BSE: 532922) presented a multi-year snapshot of growth across its businesses in a U.S. dollar\u2013denominated investor presentation titled \u201cOur journey, presented through numbers and charts,\u201d outlining expansion in alternative assets, mutual funds, general insurance and life insurance through December 2025. Key highlights from the\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":161876,"url":"https:\/\/alphastreet.com\/india\/edelweiss-financial-services-ltd-q4fy24-18-rise-in-profits\/","url_meta":{"origin":143061,"position":3},"title":"Edelweiss Financial Services Ltd Q4FY24; 18% rise in Profits","author":"Divyansh_Kasana","date":"June 4, 2024","format":false,"excerpt":"Incorporated in 1995, Edelweiss Financial Services Ltd provides Investment Banking and Advisory Services and holding company activities Financial Results: Edelweiss Financial Services Ltd reported Revenues for Q4FY24 of \u20b92,967.00 Crores down from \u20b93,012.00 Crore year on year, a fall of 1.49%. Total Expenses for Q4FY24 of \u20b92,809.00 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-41.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164570,"url":"https:\/\/alphastreet.com\/india\/edelweiss-financial-services-ltd-q1fy25-9-rise-in-profits\/","url_meta":{"origin":143061,"position":4},"title":"Edelweiss Financial Services Ltd Q1FY25; 9% rise in Profits","author":"Divyansh_Kasana","date":"September 30, 2024","format":false,"excerpt":"Incorporated in 1995, Edelweiss Financial Services Ltd provides Investment Banking and Advisory Services and holding company activities Financial Results: Edelweiss Financial Services Ltd reported Revenues for Q1FY25 of \u20b92,325.00 Crores up from \u20b91,979.00 Crore year on year, a rise of 17.48%. Total Expenses for Q1FY25 of \u20b92,232.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-110.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157396,"url":"https:\/\/alphastreet.com\/india\/edelweiss-financial-services-ltd-q2fy24-23-rise-in-profits\/","url_meta":{"origin":143061,"position":5},"title":"Edelweiss Financial Services Ltd Q2FY24; 23% rise in Profits","author":"Divyansh_Kasana","date":"December 18, 2023","format":false,"excerpt":"Incorporated in 1995, Edelweiss Financial Services Ltd provides Investment Banking and Advisory Services and holding company activities Financial Results: Edelweiss Financial Services Ltd reported Revenues for Q2FY24 of \u20b92,156.00 Crores up from \u20b92,091.00 Crore year on year, a rise of 3.11%. Total Expenses for Q2FY24 of \u20b92,059.00 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-123.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=143061"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143061\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=143061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=143061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=143061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}