HighPositive
Announced Fri, 24 Jul · 09:12 IST
Motilal Oswal shares in focus after Q1 net profit rises 10%, AUM increases by 31%
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Motilal Oswal Financial Services (MOFSL) reported its highest ever operating PAT of Rs 1,513 crore in Q1, up 14% YoY, while net profit rose 10% to Rs 1,273 crore. Revenue from operations climbed 25% YoY to Rs 3,426 crore, supported by a 73% surge in asset management segment profit to Rs 245 crore and overall AUM growth of 31% to Rs 2.12 lakh crore. The company also secured a Crisil upgrade of its long-term credit rating to AA+ Stable, underscoring the resilience of its diversified business model.