Business

Motilal Oswal’s Q4 Net Profit Falls 45% YoY, Stock Drops By 3%

The stocks of Motilal Oswal Financial Services Ltd were trading at Rs 610 on BSE at 10:30 am today, which is a decrease of 2.55 percent. This decline in stock price followed the company’s report of a significant reduction in net profit on a year-on-year basis. In comparison to the same period last year, Motilal Oswal’s consolidated net profit has decreased by around 45 percent, dropping from Rs 299 crore to Rs 165 crore.

Also Read: Godrej Consumer Products acquires Raymond’s FMCG Business

There was a 2 percent decline in the company’s revenue from operations, which dropped to Rs 1,027 crore as compared to the previous year’s period. Additionally, the company announced a final dividend of Rs 3 per share for the financial year 2022-23. The capital market business generated a profit of Rs 135 crore, while the asset and wealth business earned Rs 66 crore.

Motilal Oswal Financial Services is a stock broking company with ownership primarily held by promoters (69.68 percent), followed by the public (17.57 percent), FIIs (6.47 percent), and DIIs (6.28 percent).

Also Read: Air India’s Big Move, Plans to Hire Over 1,000 New Pilots

From January 1, 2023, the stock has experienced a decline in its value by 12.13 percent, significantly underperforming the benchmark Nifty 50 index. In contrast, the Nifty 50 has maintained a consistent level since the beginning of this year.

Additionally, over the past five years, the company’s stock has significantly underperformed in comparison to the Nifty 50 index, with a decline of 36.76 percent in its value. Meanwhile, during the same period, the Nifty 50 index has yielded a positive return of 68.73 percent.

Shruti Rag

Recent Posts

CJI BR Gavai Highlights Judicial Integrity At UK Supreme Court Roundtable

Chief Justice of India BR Gavai urges transparency and swift action to uphold public trust…

30 mins ago

Historic Win For RCB; Beats PBKS In Tight IPL 2025 Final Match

In a thrilling IPL 2025 final match at the Narendra Modi Stadium in Ahmedabad, RCB…

7 hours ago

PM Modi Hails Andhra Pradesh’s #Yogandhra2025 Campaign; To Lead Yoga Day Celebrations In State

PM Modi has praised Andhra Pradesh’s large-scale preparations for International Yoga Day 2025, applauding its…

10 hours ago

Servotech Secures ₹336 Million Solar Rooftop Project From Northeast Frontier Railway

Servotech Renewable Power System Ltd, a leading in India’s solar industry, won a contract for…

12 hours ago

Supriya Sule-Led Delegation Meets Arab League Secretary-General To Strengthen Counter-Terrorism Ties

An all-party delegation by Supriya Sule met with League of Arab States Secretary-General Ahmed Aboul…

13 hours ago

IPL 2025 LIVE: History Beckons As RCB And PBKS Clash For Maiden IPL Title

RCB and PBKS are battling it out at Ahmedabad’s Narendra Modi Stadium on Tuesday, 3…

13 hours ago