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Motilal Oswal Financial Services Ltd Q2FY24; 4% 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 Q2FY24 of ₹1,639.00 Crores up from ₹1,321.00 Crore year on year, a rise of 24.07%.
  • Total Expenses for Q2FY24 of ₹993.00 Crores up from ₹718.00 Crores year on year, a rise of 38.3%.
  • Consolidated Net Profit of ₹532.00 Crores up 4.31% from ₹510.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹35.84, up 3.91% from ₹34.49 in the same quarter of the previous year.
Tags: Finance
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