Edelweiss Financial shares tank 10% after Q4 net profit drops 17% to Rs 87.60 crore; firm announces dividend

Edelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure on earnings and revenue, the company showed steady growth in asset management and insurance segments. It also announced a dividend, while management flagged global uncertainties impacting the outlook.