Motilal Oswal Financial Services Ltd. announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a strong 29% year-on-year growth in Operating PAT for Q2FY27, reaching ₹718 crore. This performance was primarily driven by the robust growth in the Asset Management business. Total PAT, including Other Comprehensive Income, saw a significant 51% YoY increase to ₹2,583 crore for H1FY27, marking a company record.
Motilal Oswal Financial Services Reports Strong Q2FY27 Results
Motilal Oswal Financial Services Ltd. (MOFSL) has announced its financial performance for the second quarter and the first half of fiscal year 2027, ending September 30, 2026. The company showcased significant year-on-year growth across key financial metrics.
Key Financial Highlights:
- Operating PAT for Q2FY27 grew by 29% YoY to ₹718 crore.
- The Asset Management business emerged as a key driver, with PAT up by 69% YoY.
- Total PAT (including Other Comprehensive Income) for H1FY27 reached an all-time high of ₹2,583 crore, representing a 51% YoY growth.
- ARR assets saw a 26% YoY increase, reaching ₹3.2 lakh crore, with ARR revenue growing by 27% YoY to ₹1,182 crore.
- Sequentially, the company experienced a 14% increase in net operating revenue and an 18% increase in Operating PAT on a quarter-on-quarter basis.
Business Segment Performance:
The Asset & Private Wealth Management segment demonstrated strong growth, with revenue increasing by 32% on a YoY basis. Asset Management PAT alone contributed 43% of the total Operating PAT for Q2FY27. The company also received approval from SEBI to act as a custodian of securities, a move that is expected to be operational from Q4FY27.
Other Developments:
In Q2FY27, MOFSL was upgraded to ‘AA+’ rating with a ‘Stable’ outlook by India Ratings, following similar ratings from CRISIL and ICRA. The company’s management highlighted a deliberate shift in its earnings mix towards recurring revenue, improving financial resilience.
Source: BSE
