S6/10Social
Motilal Oswal shares crash 7% even after Q1 net profit rises 10%, AUM increases by 31%
Motilal Oswal Financial Services reported a consolidated net profit of Rs 1,273 crore for Q1 FY27. Revenue from operations jumped over 25% year-on-year to Rs 3,426 crore during the quarter. The company achieved its highest ever operating profit after tax of Rs 1,513 crore. Its asset management business profit surged 73% to Rs 245 crore. The wealth management segment saw a 42% rise in Annual Recurring Revenue.
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