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Conference Call Transcript

Edelweiss Capital

Q1FY11 Results

August 2, 2010 | 4 p.m. IST

Corporate Participants

Rashesh Shah

Chairman and CEO

Himanshu Kaji

Chief Financial Officer

Shailendra Maru

Head - Investor Relations

  Conference Call Transcript | Edelweiss Capital

Q1FY11 Results August 2, 2010 | Conference Call

Questions and Answers

Shailendra Maru : Thank you Rochelle. I am Shailendra Maru - Head of

Investor Relations at Edelweiss Capital Limited. Good afternoon to all of you and thank you everyone for joining us today, as we discuss, Edelweiss Capital Limited’s unaudited consolidated financial results for Q1FY11. Speaking today with you are Rashesh Shah – Chairman Edelweiss Group and Himanshu Kaji – The Chief Financial Officer.

Following the reading of safe harbor provision I will first turn over the call to Chairman Rashesh for his opening remarks. Thereafter Himanshu will take you through an overview of our performance and financial model. Then we will open the lines for questions. The press release and an investor presentation on our Q1FY11 results have been circulated and are available on our website www.edelcap.com.

Certain statements that may be made or discussed at this conference call may be forward-looking statements based on the current expectations of the management of Edelweiss Capital Limited or any of its subsidiaries and associate companies. Actual results may vary significantly from the forwardlooking statements contained in this conference call, due to various risks and uncertainties. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities markets, new regulations and government policies that may impact the businesses of Edelweiss as well as its ability to implement the strategy. Edelweiss has obtained all market data and other information from sources believed to be reliable or its internal estimates, although its accuracy or completeness cannot be guaranteed. Over to you Rashesh….

Rashesh Shah: Hi everybody, I once again welcome you on this call. We have announced our Q1FY11 results on Friday and I hope that you have had a chance to look at it by now.

The first quarter overall has been reasonably

–  –  –

Caution: The information contained here is an edited textual representation of the Edelweiss Conference Call and while efforts are made to provide an accurate transcription, there may be material errors, omissions, or inaccuracies in the reporting of the substance of the audio presentations. In no way do we assume any responsibility for any investment or other decisions made based upon the information provided in this transcript. Users are advised to check the information independently before making any investment or other decisions. Management while analyzing the results of various businesses of the Group, looks at the businesses from which the relevant income is generated rather than the nature or accounting head of the income. This could at times result in some numbers being different from the numbers as presented under the accounting heads.

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