Motilal Oswal Financial Services’ consolidated net profit surged 318.40% to Rs 165.44 crore on a 3.1% rise in total income to Rs 644.27 crore in Q3 December 2019 over Q3 December 2018.
Motilal Oswal Financial Services is a financial services company focused on wealth creation for its customers, such as institutional, corporate, high net worth individual (HNI) and retail. The company’s segments include broking & other related activities; fund based activities; asset management & advisory, investment banking and housing finance.
Shares of Motilal Oswal Financial Services was down 2.22% at Rs 552.65. The stock traded in the range of Rs 507.60 to Rs 560.15 so far.