Motilal Oswal Q3 Results: Cons PAT falls 14% YoY to Rs 565 crore, revenue up 12%
Motilal Oswal Financial Services (MOFSL) on Tuesday reported a 14% year-on-year decline in its December quarter consolidated net profit at Rs 565 crore versus Rs 660 crore reported in the year ago period. The total revenue from operations surged 12% to Rs 1,999 crore in Q3FY25 versus Rs 1,791 crore in the corresponding quarter of the last financial year.
The profit after tax (PAT) fell 50% on a sequential basis versus Rs 1,120 crore reported in the year ago period. Meanwhile, the topline saw a 30% drop on a quarter-on-quarter basis as against Rs 2,838 crore recorded in Q2FY25.
MOFSL announced an interim dividend of Rs 5 per equity share for the financial year 2024-25.
Also Read: Hyundai Motor India Q3 Results: Cons PAT shrinks 19% YoY to Rs 1,161 crore on lower domestic car sales, exports
Segment revenue
1) Wealth management: In this segment, MOFSL reported a revenue of Rs 9,610 crore in Q3FY25 versus Rs 1,189 crore in Q2FY25 and Rs 8,225 crore in Q3FY24.
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