Motilal Oswal Financial Services Limited (MOFSL) announces key board appointments, including Pratik Oswal and Vaibhav Agrawal from the Promoter Group, alongside independent directors Joseph Conrad Agnelo D’Souza and Ashok Kumar P Kothari. The company also reported consolidated profit after tax of ₹36.26 crore for Q2 2026. In the standalone results, profit after tax was ₹19.43 crore.
Board of Directors Strengthened
Motilal Oswal Financial Services Limited has expanded its Board of Directors with the following appointments:
- Pratik Oswal: From the Promoter Group.
- Vaibhav Agrawal: From the Promoter Group.
- Joseph Conrad Agnelo D’Souza: Independent Director.
- Ashok Kumar P Kothari: Independent Director.
These appointments aim to bolster the company’s strategic oversight and corporate governance.
Q2 2026 Financial Performance (Consolidated)
Motilal Oswal Financial Services Limited reported the following consolidated financial results for Q2 2026 (Indian Financial Year):
- Revenue from operations: ₹184.91 crore
- Profit before tax: ₹50.55 crore
- Profit after tax: ₹36.26 crore
Q2 2026 Financial Performance (Standalone)
The standalone financial results for Q2 2026 (Indian Financial Year) include:
- Revenue from operations: ₹109.14 crore
- Profit before tax: ₹24.56 crore
- Profit after tax: ₹19.43 crore
Additional Key Updates
- Credit Rating Upgrade: ICRA upgraded Motilal Oswal’s long-term credit rating to AA+ (Stable outlook). Short-term rating affirmed at A1+.
- Equity Share Allotment: Allotted 998,550 and 1,195,404 equity shares under Employee Stock Option Schemes for the quarter and half-year ended September 30, 2025, respectively.
Source: BSE
