Changes in management
Awaiting price reaction for this filing.
Edelweiss Financial Services reported audited FY25 results with consolidated profit before tax (PBT) up 83% year-on-year to ₹802 crore, while ex-insurance profit after tax stood at ₹545 crore. Total consolidated income was ₹9,519 crore and net profit attributable to owners was ₹399 crore (vs ₹421 crore last year). The Board recommended a dividend of ₹1.50 per equity share, subject to shareholder approval. On the management front, Mr. Venkatchalam Ramaswamy stepped down as Executive Director after taking up the role of Managing Director & CEO at subsidiary EAAA India Alternatives; he was re-designated as Vice Chairman & Non-Executive Director of Edelweiss. SVVS & Associates was appointed as Secretarial Auditor for five years from FY26.
Strong 83% PBT growth and a 27% reduction in consolidated net debt signal improving financial health, which may support the stock. The dividend of ₹1.50 per share offers a modest return to shareholders. Mr. Ramaswamy's shift to a non-executive role at the parent while leading EAAA aligns with the group's plan to list the alternatives business, though continuity of oversight remains intact.