Motilal Oswal Financial Services standalone net profit rises 10.40% in the March 2016 quarter

Sales decline 24.23% to Rs 16.29 crore

Net profit of Motilal Oswal Financial Services rose 10.40% to Rs 2.76 crore in the quarter ended March 2016 as against Rs 2.50 crore during the previous quarter ended March 2015. Sales declined 24.23% to Rs 16.29 crore in the quarter ended March 2016 as against Rs 21.50 crore during the previous quarter ended March 2015.

For the full year,net profit declined 22.78% to Rs 46.72 crore in the year ended March 2016 as against Rs 60.50 crore during the previous year ended March 2015. Sales declined 14.64% to Rs 109.59 crore in the year ended March 2016 as against Rs 128.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales16.2921.50 -24 109.59128.38 -15 OPM %78.5857.95 -82.1779.91 - PBDT5.433.33 63 61.4773.50 -16 PBT3.021.29 134 53.4565.33 -18 NP2.762.50 10 46.7260.50 -23

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