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Motilal Oswal Financial Services Ltd Q3FY24; 191% rise in Profits

Motilal Oswal Financial Services Ltd. was founded in 1987 is a well-diversified financial services firm. The company has a network spread 550+ cities and towns comprising 2,500+ Business Locations operated by their Business Partners and 16,00,000+ customers.

Financial Results:

Motilal Oswal Financial Services Ltd reported Revenues for Q3FY24 of ₹1,784.00 Crores up from ₹1,076.00 Crore year on year, a rise of 65.8%.

Total Expenses for Q3FY24 of ₹982.00 Crores up from ₹774.00 Crores year on year, a rise of 26.87%.

Consolidated Net Profit of ₹661.00 Crores up 191.19% from ₹227.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹44.43, up 190.20% from ₹15.31 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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