Motilal Oswal Q2 results: Co logs best-ever quarterly net profit at Rs 536 cr - News Summed Up

Motilal Oswal Q2 results: Co logs best-ever quarterly net profit at Rs 536 cr


Stock Analysis – Know before investing Stock score of Motilal Oswal Financial Services Ltd moved up by 1 in a week on a 10-point scale. Subscribe Now Exclusively forStock Analysis Stock score of Motilal Oswal Financial Services Ltd is 8 on a scale of 10. "Capital markets comprising retail broking, institutional equities and investment banking business, revenue grew 44 per cent to Rs 608 crore in Q2 and to Rs 1,122 crore, up 46 per cent in H1FY22. This vertical has contributed 48 per cent of the total revenue and earned 52 per cent more in net profit at Rs 121 crore in Q2 and at Rs 200 crore in H1 up 55 per cent. Overall asset and wealth management revenue stood at Rs 346 crore, up 94 per cent on-year in Q2, and contributed 23 per cent of consolidated revenue and earned net profit of Rs 144 crore, up 226 per cent on-year which is 25 per cent of the consolidated profit.


Source: Economic Times October 29, 2021 04:29 UTC



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