HighPositive
Announced Thu, 23 Jul · 17:31 IST
Motilal Oswal Q1 Results: Net profit rises 10% YoY to Rs 1,273 crore; revenue climbs 25%
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AI summary
Motilal Oswal Financial Services reported a 10 percent year-on-year rise in net profit to Rs 1,273 crore for Q1 FY27, with revenue climbing 25 percent YoY to Rs 3,426 crore. The company posted its highest-ever operating PAT of Rs 1,513 crore (up 14 percent YoY), driven by a 73 percent surge in asset management business profit to Rs 245 crore and total AUM growth of 31 percent to Rs 2.12 lakh crore. Crisil upgraded its long-term credit rating to AA+ Stable, while private wealth and wealth management ARR grew 42 percent and 26 percent YoY respectively.