Stock Report

Motilal Oswal Financial Services' Q1FY24 consolidated net profit zooms to Rs. 526.93 crores



Posted On : 2023-07-28 10:35:35( TIMEZONE : IST )

Motilal Oswal Financial Services' Q1FY24 consolidated net profit zooms to Rs. 526.93 crores

Motilal Oswal Financial Services Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1530.90 crores during the period ended June 30, 2023 as compared to Rs. 1033.54 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 526.93 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 164.72 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 35.55 for the period ended June 30, 2023 as compared to Rs. 11.31 for the period ended March 31, 2023.

Financials Q1 FY2024 Q4 FY2023 % Change
Total Income ₹ 1530.90 crs ₹1033.54 crs Up Tick / Down Tick48.12%
Net Profit ₹526.93 crs ₹164.72 crs Up Tick / Down Tick219.89%
EPS ₹35.55 ₹11.31 Up Tick / Down Tick214.32%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1530.90 crores during the period ended June 30, 2023 as compared to Rs.758.12 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.526.93 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.31.26 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.35.55 for the period ended June 30, 2023 as compared to Rs.2.07 for the period ended June 30, 2022.

Financials Q1 FY2024 Q1 FY2023 % Change
Total Income ₹ 1530.90 crs ₹758.12 crs Up Tick / Down Tick101.93%
Net Profit ₹526.93 crs ₹31.26 crs Up Tick / Down Tick1,585.64%
EPS ₹35.55 ₹2.07 Up Tick / Down Tick1,617.39%

Shares of Motilal Oswal Financial Services Limited was last trading in BSE at Rs. 816.55 as compared to the previous close of Rs. 836.75. The total number of shares traded during the day was 21960 in over 1675 trades.

The stock hit an intraday high of Rs. 836.75 and intraday low of 812.10. The net turnover during the day was Rs. 18010476.00.

Source : Equity Bulls

Keywords

MotilalOswalFinancialServices Q1FY24 ResultUpdate MOSL