Motilal Oswal Financial Services net profit declines 9.98% in the March 2014 quarter

Sales decline 8.20% to Rs 17.68 crore

Net profit of Motilal Oswal Financial Services declined 9.98% to Rs 4.33 crore in the quarter ended March 2014 as against Rs 4.81 crore during the previous quarter ended March 2013. Sales declined 8.20% to Rs 17.68 crore in the quarter ended March 2014 as against Rs 19.26 crore during the previous quarter ended March 2013.

For the full year,net profit rose 1.45% to Rs 39.31 crore in the year ended March 2014 as against Rs 38.75 crore during the previous year ended March 2013. Sales rose 10.60% to Rs 67.74 crore in the year ended March 2014 as against Rs 61.25 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales17.6819.26 -8 67.7461.25 11 OPM %78.22138.84 -67.17100.39 - PBDT9.0421.01 -57 54.5170.14 -22 PBT6.9419.00 -63 46.1961.78 -25 NP4.334.81 -10 39.3138.75 1

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