Motilal Oswal Fin Services Q3 net rises 13.58%

Brokerage firm Motilal Oswal Financial Services today reported a 13.58 per cent growth at Rs 42.14 crore for the third quarter ended December 31, 2010.

The company had posted a net profit of Rs 37.10 in the October-December quarter last fiscal, Motilal Oswal Financial Services said in a filing to the Bombay Stock Exchange (BSE).

The income from operations of the company swelled to Rs 161.84 crore in the December quarter from Rs 151.74 crore in the year-ago period, the filing added.