Categories AlphaGraphs, Finance

Motilal Oswal Financial Services Ltd Q1FY24; 1550% rise in Profits

Motilal Oswal Financial Services Ltd. was founded in 1987 as a small sub-broking unit, with just 2 people running the show. Today we are a well-diversified financial services firm.
The company has a network spread over 550 cities and towns comprising 2500+ Business Locations operated by our Business Partners and us and 16,00,000+ customers.

Financial Results:

Motilal Oswal Financial Services Ltd reported Revenues for Q1FY24 of ₹1,500.00 Crores up from ₹754.00 Crore year on year, a rise of 98.94%.

Total Expenses for Q1FY24 of ₹895.00 Crores up from ₹677.00 Crores year on year, a rise of 32.2%.

Consolidated Net Profit of ₹528.00 Crores up 1550.0% from ₹32.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹35.62, up 1,596.19% from ₹2.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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