The Economic Times

Edelweiss shares soar 10% as Q3 net profit zooms 112% YoY; Carlyle acquires stake in subsidiary for Rs 2,100 cr

Edelweiss Financial Services shares jumped after the company reported a 112% YoY rise in Q3FY26 net profit to Rs 264 crore. Growth was driven by strong performance in alternative asset management, mutual funds, and asset reconstruction, with equity AUM and SIP book expanding sharply, while asset reconstruction recoveries reached Rs 842 crore during the quarter.