Motilal Oswal Financial Services reports consolidated net loss of Rs 253.75 crore in the March 2020 quarter

Sales decline 5.40% to Rs 605.81 crore

Net loss of Motilal Oswal Financial Services reported to Rs 253.75 crore in the quarter ended March 2020 as against net profit of Rs 146.08 crore during the previous quarter ended March 2019. Sales declined 5.40% to Rs 605.81 crore in the quarter ended March 2020 as against Rs 640.41 crore during the previous quarter ended March 2019.

For the full year,net profit declined 37.62% to Rs 183.37 crore in the year ended March 2020 as against Rs 293.97 crore during the previous year ended March 2019. Sales declined 3.81% to Rs 2319.09 crore in the year ended March 2020 as against Rs 2410.99 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales605.81640.41 -5 2319.092410.99 -4 OPM %-15.0250.21 -34.9937.59 - PBDT-215.60201.97 PL 324.90401.85 -19 PBT-226.51195.97 PL 285.19377.90 -25 NP-253.75146.08 PL 183.37293.97 -38

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