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Motilal Oswal Financial Services consolidated net profit declines 98.14% in the September 2018 quarter

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Capital Market

Sales decline 15.33% to Rs 682.07 crore

Net profit of Motilal Oswal Financial Services declined 98.14% to Rs 4.54 crore in the quarter ended September 2018 as against Rs 243.68 crore during the previous quarter ended September 2017. Sales declined 15.33% to Rs 682.07 crore in the quarter ended September 2018 as against Rs 805.55 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales682.07805.55 -15 OPM %23.6357.66 -PBDT32.96340.29 -90 PBT27.00331.58 -92 NP4.54243.68 -98

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First Published: Oct 31 2018 | 8:34 AM IST

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