Edelweiss Q2 profit rises 28%, board approves ₹1,000 cr NCD
after close1 source ↓written by the desknot a recommendation
- in consolidated profit
- 28% YoY increase
- for Q2 FY26
- ₹175 crore
- worth
- ₹1,000 crore
- Total income reached
- ₹1,900 crore
Edelweiss Financial Services reported a 28% YoY increase in consolidated profit after tax to ₹175 crore for Q2 FY26. The board has approved a public issue of non-convertible debentures (NCDs) worth up to ₹1,000 crore. This strong performance may enhance investor sentiment in the financial services sector.
• Total income reached ₹1,900 crore, up 28% YoY
• NCD issue aims to strengthen capital base
• Positive outlook for diversified financial services
Not investment advice. For informational purposes only.