Motilal Oswal Financial Services consolidated net profit declines 34.90% in the March 2022 quarter

Sales decline 8.33% to Rs 1031.70 crore

Net profit of Motilal Oswal Financial Services declined 34.90% to Rs 299.56 crore in the quarter ended March 2022 as against Rs 460.12 crore during the previous quarter ended March 2021. Sales declined 8.33% to Rs 1031.70 crore in the quarter ended March 2022 as against Rs 1125.46 crore during the previous quarter ended March 2021.

For the full year,net profit rose 3.91% to Rs 1309.78 crore in the year ended March 2022 as against Rs 1260.44 crore during the previous year ended March 2021. Sales rose 18.95% to Rs 4239.76 crore in the year ended March 2022 as against Rs 3564.18 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1031.701125.46 -8 4239.763564.18 19 OPM %47.7459.06 -49.9956.54 - PBDT381.37562.38 -32 1664.071594.04 4 PBT370.22548.79 -33 1615.811546.52 4 NP299.56460.12 -35 1309.781260.44 4

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