Edelweiss Financial Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Edelweiss Financial Services Ltd reported a 16.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 33.2%.
• Its expenses for the quarter were down by 8.0% QoQ and 18.9% YoY.
• The net profit increased 70.9% QoQ and increased 28.0% YoY.
• The earnings per share (EPS) of Edelweiss Financial Services Ltd stood at 1.85 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Edelweiss Financial Services Ltd is a diversified financial services company based in India, primarily operating in the financial sector with a focus on providing a wide range of financial products and services. These include asset management, insurance, credit, and advisory services. The company caters to a broad spectrum of customers, ranging from individuals to institutions. In recent years, Edelweiss has been working on restructuring and streamlining its operations to focus more on its core financial services offerings. As of the data available, no specific recent major developments can be confirmed for the company beyond these general strategic trends.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Edelweiss Financial Services Ltd reported a total income of ₹1899.77 crores, which represents a decrease of 16.7% quarter-over-quarter (QoQ) from the previous quarter (Q1FY26) total income of ₹2281.08 crores. This also marks a year-over-year (YoY) decline of 33.2% from Q2FY25, where the total income was ₹2842.26 crores. The data indicates a notable reduction in total income both sequentially and annually, reflecting changes in the company's revenue-generating activities during this period.

Profitability

For Q2FY26, Edelweiss Financial Services Ltd recorded a Profit Before Tax (PBT) of ₹ -46.27 crores, a significant decrease compared to a PBT of ₹110.39 crores in Q1FY26, resulting in a QoQ decline of 141.9%. On a YoY basis, the PBT fell from ₹319.31 crores in Q2FY25, representing a decline of 114.5%. Despite the negative PBT, the company reported a Profit After Tax (PAT) of ₹175.45 crores, which is an increase of 70.9% QoQ from ₹102.69 crores in Q1FY26 and a 28.0% increase YoY from ₹137.02 crores in Q2FY25. This divergence between PBT and PAT is primarily influenced by the tax component, which registered a significant negative value of ₹-221.72 crores for Q2FY26. Earnings per share (EPS) for Q2FY26 stood at ₹1.85, indicating a 68.2% increase QoQ and a 22.5% increase YoY.

Operating Metrics

Edelweiss Financial Services Ltd's financial performance in Q2FY26 highlights key operating metrics, including total expenses and profitability measures. Total expenses for the quarter amounted to ₹1967.31 crores, reflecting a decrease of 8.0% QoQ from ₹2137.54 crores in Q1FY26 and an 18.9% decrease YoY from ₹2425.53 crores in Q2FY25. The company's ability to manage expenses amid declining income levels is noteworthy in this context. The financial data also reveals a significant anomaly in the tax expense, which was reported as a negative value of ₹-221.72 crores in Q2FY26, impacting overall profitability. The relationship between total expenses, income, and tax provisions plays a crucial role in understanding the company's operational efficiency during this period.