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Edelweiss Financial Services Limited consolidated financial results for the quarter and year ended 31 March 2026 were reviewed by the Audit Committee and approved by the Board on 30 April 2026. The Statutory Auditors have audited these results and issued an unmodified audit report. <BR> <BR> 2. During the quarter ended 31 March 2026, the Company has issued 58,329 equity shares of face value of Rs 1 each to the eligible employees on exercise of employee stock options. <BR> <BR> 3. The Board of Directors at their meeting held on 30 April 2026, have recommended a final dividend of Rs 1.50 per equity share (on face value of Rs 1 per equity share), subject to the approval of the members at the ensuing Annual General Meeting. <BR> <BR> 4. During the quarter ended 31 December 2025, the Group had consummated the sale of 10% stake in Edelweiss Asset Management Company Limited (EAML) and Edelweiss Trusteeship Company Limited (ETCL) that are engaged in the asset management business and 5% stake to be sold subsequently as per the terms of the share purchase agreement. Accordingly, during the quarter ended 31 December 2025, the Group has recognized a realized gain of Rs 281 crores (pre-tax) and Rs 241 crores (post-tax) in the consolidated financial results of the Group. <BR> <BR> 5. During the quarter ended 31 December 2025, the Company entered into a Shareholders’ Agreement (SHA) with a strategic investor for the sale of 15% stake in two of its wholly owned subsidiaries, Edelweiss Asset Management Company Limited (EAML) and Edelweiss Trusteeship Company Limited (ETCL) (together referred to as “Entities”) engaged in the asset management business. Pursuant to the terms of the SHA, the Group now has joint control for both of these Entities with the new investor, and consequently, in accordance with Ind AS 110 and Ind AS 28, these Entities are now classified as jointly controlled entities under Ind AS accounting principles. Accordingly, during the quarter ended 31 December 2025, the Company had recognized an unrealized gain of Rs 2,440 crores (pre-tax) and Rs 2,091 crores (post-tax) in the consolidated financial results of the Group as per Ind AS accounting principles. <BR> <BR> 6. During the quarter ended 31 December 2025, to further strengthen the resilience of the balance sheet of the Group, the Group had recognised a discretionary management overlay provision of Rs 920 crores on its discontinued Security Receipts (Purchased or Originated Credit-Impaired (POCI) loans) in the consolidated financial results. This provision has been created after considering the global economic outlook, prevailing macro-economic conditions, and the ongoing uncertainty arising from geopolitical environment. A statistical model based on stress tested scenarios for the POCI loan portfolio, in accordance with Ind AS 109 and supported by an independent expert report, was applied in determining such management overlay provision. The management overlay provision will be reviewed and reassessed periodically based on the portfolio’s performance in the future periods. <BR> <BR> 7. During the quarter ended 31 December 2025, the Group subsidiaries Ecap Equities Limited, Edelweiss Investment Adviser Limited and Edelweiss Rural and Corporate Services Limited had recorded conservative loan loss provisions and fair value losses on certain specific assets amounting to Rs 480 crore. These provisions were recognised based on revised cash flow estimates, reassessment of underlying asset quality. The evaluation also reflected updated risk assessments and prudential considerations arising from evolving market conditions. <BR> <BR> 8. The Government of India, vide notification dated 21 November 2025, has notified the new Labour Code, basis which the Company has reassessed its employee benefit obligations based on the revised definition of wages and expanded eligibility criteria. Accordingly, based on actuarial valuation and management estimates, the Group had recognized an incremental expense of Rs 49 crore for the year ended 31 March 2026 on account of past service cost in accordance with Ind AS 19 – Employee Benefits and disclosed as an exceptional item. The Company continues to monitor developments relating to the implementation of the New Labour Codes and will review its estimates and assumptions as further clarifications and Rules are notified. <BR> <BR> 9. During the quarter ended 31 December 2025, with respect to a subsidiary, Edelweiss Life Insurance Company Limited (ELIC), the recent GST exemption on individual life insurance policies under Notification No. 16/2025 Central Tax (Rate), effective 22 September 2025, led to a reassessment of accumulated Input Tax Credit. Accordingly, ELIC had created a prudential provision of Rs 50 crores, disclosed as an exceptional item. This provision does not affect the validity or the right to utilise the accumulated credits, and management remains confident of utilising them over time, supported by a renewed focus on taxable business segments such as group insurance. <BR> <BR> 10. During the quarter ended 31 December 2025, employee benefit expenses includes provision of Rs 160 crores towards annual performance bonuses across some subsidiary entities, driven by higher profitability in respective businesses and subsidiaries. <BR> <BR> 11. During the quarter ended 31 December 2025, deferred tax liabilities of Rs 389 crores arising from the stake sale of Edelweiss Asset Management Company Limited (EAML) and Edelweiss Trusteeship Company Limited (ETCL) were recognised and charged to the Profit and Loss account in accordance with Ind AS requirements. Additionally, certain other subsidiary companies within the Group recognised tax charge of Rs 232 crores on their deferred tax assets, based on their assessment that these assets may no longer be recoverable under current Income Tax positions. <BR> <BR> 12. The figures for quarter ended 31 March 2026 and 2025 are the balancing figures between audited figures for the year-end and nine-month period. The comparative figures for previous period/year have been regrouped/reclassified wherever necessary to conform to current period/year presentation. <BR> <BR> 1 Net figures have been reported on account of volume of transactions. <BR> <BR> Above Cash Flow Statement has been prepared under the indirect method as set out in Ind AS 7 prescribed under the Companies (Indian Accounting Standard) Rules, 2015 under the Companies Act, 2013.2025-04-012026-03-31AuditedConsolidated276653000006872000000133669000003409640000000028353700000104169500000448190000010865140000000013704200000249160000001436100000000334190000056219700000996179000009033500000-9868000008046700000141350000055500000146900000065777000000002269000006804600000-8248600000-144400000054663000001338300000-18553000004113000009465000001559809000007.237.15007.237.150.031100.0136Premium from insurance business10862100000Premium from insurance business28353700000Change in valuation of credit impaired loans536100000Change in insurance policy liability - actuarial259100000Policy benefits paid4971800000Other expenses5985100000Change in valuation of credit impaired loans13662500000Change in insurance policy liability - actuarial8963800000Policy benefits paid14411600000Other expenses19181800000272045000007594100000706430000047833000001098576000001988135000002580120000038111850000008700000000210098000007076000008773900000144000001980000000143360000015458700000562960000004374145000009465000004528470000046231200000132051000005943630000040680000008530000013760600000146718600000314200000006904100000530513000002560079000006350000010441000007049400000113813300000121970300000377978200000437414500000Other Financial assets25801200000Reinsurance assets4045400000Right to use (ROU) assets502600000Other non-financial assets10910700000Other financial liabilities53051300000Other non-financial liabilities113813300000Alternatives business2657600000Capital business4769400000Insurance business9198900000Asset reconstruction business2142800000Mutual Fund business0Other business924100000Alternatives business9637600000Capital business49699800000Insurance business34823000000Asset reconstruction business9300300000Mutual Fund business2191100000Other business29996000001969280000010865140000019692800000108651400000Alternatives business972300000Capital business-2639300000Insurance business-76300000Asset reconstruction business1303100000Mutual Fund business0Other business150000000Alternatives business3386300000Capital business1393300000Insurance business-2163100000Asset reconstruction business4698700000Mutual Fund business750400000Other business208000000-2902000008273600000-2902000008273600000Alternatives business21722400000Capital business225862000000Insurance business143652700000Asset reconstruction business35252600000Mutual Fund business0Other business109248000004374145000000437414500000Alternatives business10967400000Capital business219365200000Insurance business132481100000Asset reconstruction business5397700000Mutual Fund business0Other business97668000003779782000000377978200000Amount of items that will not be reclassified to profit and loss-763600000-763600000Amount of items that will not be reclassified to profit and loss-3622700000-3622700000-8900000-65900000Amount of items that will be reclassified to profit and loss-2346200000-2346200000Amount of items that will be reclassified to profit and loss-4917000000-4917000000-219700000-225200000-2881200000-8248600000249656000000-10026000000000-533710000001249300000000143610000033419000003422000000-101300000006872000000711500000-375110000000001690920000004316600000123633000000003390700000089726000000000000007022000000000000000000000068720000000-9617300000-963230000000105000000000231142000000168166000004960000047607000002491600000004054200000-19364000000-200237000000-200237000004722820000027204500000AuditedtrueM/S Nangia & Co LLPtrue2027-04-30