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Motilal Oswal Financial Services reports standalone net profit of Rs 251.84 crore in the March 2021 quarter

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Capital Market

Sales rise 66.67% to Rs 655.76 crore

Net profit of Motilal Oswal Financial Services reported to Rs 251.84 crore in the quarter ended March 2021 as against net loss of Rs 109.21 crore during the previous quarter ended March 2020. Sales rose 66.67% to Rs 655.76 crore in the quarter ended March 2021 as against Rs 393.45 crore during the previous quarter ended March 2020.

For the full year,net profit rose 261.99% to Rs 712.40 crore in the year ended March 2021 as against Rs 196.80 crore during the previous year ended March 2020. Sales rose 70.22% to Rs 2107.93 crore in the year ended March 2021 as against Rs 1238.36 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales655.76393.45 67 2107.931238.36 70 OPM %50.83-18.06 -50.6125.54 - PBDT299.11-101.81 LP 961.96223.94 330 PBT288.11-109.96 LP 925.45194.10 377 NP251.84-109.21 LP 712.40196.80 262

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First Published: Apr 30 2021 | 8:26 AM IST

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