Edelweiss Financial shares plunge 10% as Q4 profit falls 17% and outlook turns cautious

Dividend declared, but investors focused on profit slowdown

Edelweiss Financial’s shares sank about 10% after the company reported a 17% year-on-year drop in Q4 net profit to Rs 87.60 crore. Revenue and performance were weaker sequentially, even as asset management and insurance segments held up with steady growth. The firm still announced a dividend, but management warned global uncertainties could weigh on the outlook.