Edelweiss shares decline 11% on weak Q3 results
Updated : February 17, 2020 12:51 PM IST
Edelweiss Financial Services declined over 11 percent on Monday after it posted a 92.61 percent year-on-year (YoY) fall in net profit at Rs 16.71 crore for Q3.
Total revenue from operations also declined 8.41 percent to Rs 2,639.65 crore in Q3.
It also added that it will continue to focus on increasing retail to 70-75 percent of the total book.