Motilal Oswal Financial Services · NSE: MOTILALOFS · BSE: 532892

Q1 FY24 results · Apr–Jun 2023

Motilal Oswal Financial Services reported revenue from operations of ₹1,499.75 crore (up 99.2% from Q1 FY23) and net profit of ₹527.57 crore (up 1550.7% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	1,499.75	752.98	+99.2%	1,027.38	+46.0%
Other income	31.15	7.68	+305.6%	6.17	+404.8%
Total income	1,530.90	760.66	+101.3%	1,033.55	+48.1%
Profit before share of associates & JVs and tax	635.96	80.92	+685.9%	247.49	+157.0%
Share of profit/(loss) of associates & JVs	1.44	0.69		(1.47)
Net profit for the period	527.57	31.96	17x	165.50	+218.8%
Attributable to shareholders of the company	526.93	31.26	17x	164.72	+219.9%
EPS, basic (₹)	35.62	2.10	17x	11.35	+213.9%
Net margin (%)	35.2	4.2		16.1

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	885.18	471.61	+87.7%	624.20	+41.8%
Other income	30.29	10.21	+196.7%	7.07	+328.4%
Total income	915.47	481.82	+90.0%	631.27	+45.0%
Profit before tax	344.90	24.22	14x	130.96	+163.4%
Net profit for the period	287.04	4.36	66x	89.61	+220.3%
EPS, basic (₹)	19.40	0.29	67x	6.17	+214.4%
Net margin (%)	32.4	0.9		14.4

Consolidated

Filed with BSE: 31 Jul 2023, 15:53 IST
Board meeting: 27 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 31 Jul 2023, 15:53 IST
Board meeting: 27 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE