Motilal Oswal Financial Services consolidated net profit rises 91.12% in the March 2017 quarter

Sales rise 70.11% to Rs 516.93 crore

Net profit of Motilal Oswal Financial Services rose 91.12% to Rs 90.15 crore in the quarter ended March 2017 as against Rs 47.17 crore during the previous quarter ended March 2016. Sales rose 70.11% to Rs 516.93 crore in the quarter ended March 2017 as against Rs 303.88 crore during the previous quarter ended March 2016.

For the full year,net profit rose 112.90% to Rs 359.97 crore in the year ended March 2017 as against Rs 169.08 crore during the previous year ended March 2016. Sales rose 63.43% to Rs 1726.19 crore in the year ended March 2017 as against Rs 1056.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales516.93303.88 70 1726.191056.23 63 OPM %45.6242.56 -48.4938.71 - PBDT136.9572.46 89 477.21259.48 84 PBT127.8463.06 103 444.37224.54 98 NP90.1547.17 91 359.97169.08 113

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