Motilal Oswal Financial Services standalone net profit rises 111.59% in the March 2017 quarter

Sales rise 5.51% to Rs 17.61 crore

Net profit of Motilal Oswal Financial Services rose 111.59% to Rs 5.84 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016. Sales rose 5.51% to Rs 17.61 crore in the quarter ended March 2017 as against Rs 16.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 84.72% to Rs 86.30 crore in the year ended March 2017 as against Rs 46.72 crore during the previous year ended March 2016. Sales rose 28.37% to Rs 141.46 crore in the year ended March 2017 as against Rs 110.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.6116.69 6 141.46110.20 28 OPM %71.7278.73 -86.2681.99 - PBDT5.295.43 -3 86.5461.47 41 PBT3.563.02 18 79.6053.45 49 NP5.842.76 112 86.3046.72 85

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