*Edelweiss Capital*, a diversified Indian financial services company
 registered a fall of 17.13% in the consolidated net profit in the quarter
ended December 2008. During the quarter, the profit of the company fell to
Rs 361.30 million from Rs 436 million in the same quarter previous year.

Consolidated total revenues for the quarter dropped 20.43% to Rs 1,985.90
million compared with the prior year period.

The company on a standalone basis reported a marginal rise in standalone net
profit for the quarter ended December 2008. During the quarter, the profit
of the company rose 6.02% to Rs 44 million from Rs 41.50 million in the same
quarter previous year.

Net sales declined 15.60% to Rs 390 million, while total income for the
quarter fell 15.67% to Rs 389.50 million, when compared with the prior year
period.

The company reported earnings of Rs 0.59 a share during the quarter,
registering 1.67% decline over previous year period.


  Quarterly Results - Standalone (Rs in mn) As at Dec - 08 Dec - 07 %Change Net
Sales 389.50 461.50 (15.60) Net Profit 44 41.50 6.02 Basic EPS 0.59 0.60
(1.67)

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