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Motilal Oswal Financial Services standalone net profit declines 86.30% in the September 2018 quarter

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Capital Market

Sales decline 22.81% to Rs 311.50 crore

Net profit of Motilal Oswal Financial Services declined 86.30% to Rs 22.72 crore in the quarter ended September 2018 as against Rs 165.86 crore during the previous quarter ended September 2017. Sales declined 22.81% to Rs 311.50 crore in the quarter ended September 2018 as against Rs 403.53 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales311.50403.53 -23 OPM %21.7058.68 -PBDT45.85218.22 -79 PBT41.33211.51 -80 NP22.72165.86 -86

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First Published: Oct 31 2018 | 8:34 AM IST

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