Motilal Oswal Financial Services has reported results for second quarter ended September 30, 2012.
On standalone basis, the company has posted a rise of 62.06% in its net profit at Rs 10.55 crore for the quarter ended September 30, 2012 as compared to Rs 6.51 crore for the same quarter in the previous year. Total income has increased by 7.11% at Rs 13.11 crore for quarter under review as compared to Rs 12.24 crore for the quarter ended September 30, 2011.
On consolidated basis, the company has posted a fall of 34.45% in its net profit at Rs 22.91 crore for the quarter ended September 30, 2012 as compared to Rs 34.95 crore for the same quarter in the previous year. Total income has decreased by 2.02% at Rs 109.81 crore for quarter under review as compared to Rs 112.07 crore for the quarter ended September 30, 2011.
Motilal Oswal Financial Services is a known brand among retail and institutional investors in India, with a presence in over 1533 business locations across over 487 cities.
