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Motilal Oswal Financial Services consolidated net profit rises 64.00% in the March 2018 quarter

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Capital Market

Sales rise 42.85% to Rs 752.10 crore

Net profit of Motilal Oswal Financial Services rose 64.00% to Rs 147.85 crore in the quarter ended March 2018 as against Rs 90.15 crore during the previous quarter ended March 2017. Sales rose 42.85% to Rs 752.10 crore in the quarter ended March 2018 as against Rs 526.48 crore during the previous quarter ended March 2017.

For the full year,net profit rose 50.36% to Rs 541.26 crore in the year ended March 2018 as against Rs 359.97 crore during the previous year ended March 2017. Sales rose 49.27% to Rs 2747.94 crore in the year ended March 2018 as against Rs 1840.86 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales752.10526.48 43 2747.941840.86 49 OPM %40.8446.12 -46.5150.29 - PBDT205.28144.18 42 804.08566.34 42 PBT193.90135.07 44 766.59533.50 44 NP147.8590.15 64 541.26359.97 50

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First Published: May 22 2018 | 3:59 PM IST

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