Motilal Oswal Financial Services (MOFSL) announced a robust Q3FY26 performance, with operating PAT surging to ₹611 Cr, a 16% YoY increase. Total PAT reached ₹721 Cr, up 58% YoY. The Board has declared an interim dividend of ₹6 per share. Strong growth in Asset & Private Wealth Management fueled the results, with notable AUM increases across segments. The company reaffirms its commitment to growth and shareholder value.
Financial Highlights
Motilal Oswal Financial Services (MOFSL) reported strong financial results for Q3FY26:
- Operating PAT: ₹611 Cr, a 16% YoY growth.
- Total PAT: ₹721 Cr, a 58% YoY increase.
- The board has declared an interim dividend of ₹6 per share.
Segment Performance
The company experienced robust growth across key business segments:
- Wealth Management:PAT stands at ₹181 Cr. Brokerage revenue also grew 15% on QoQ basis.
- Asset Management: PAT grew 65% YoY to ₹227 Cr. Total AUM grew by 33% YoY basis at ₹1.89 lakh Cr.
- Capital Markets: PAT grew 15% YoY to ₹70 Cr.
- Housing Finance: PAT grew 12% YoY to ₹42 Cr.
Key Business Updates
- ICRA Limited reaffirmed the ICRA A1+ rating for the company’s commercial paper program and upgraded the credit rating of Non-Convertible Debentures to ICRA AA+.
- During the quarter, the company allotted 30,000 Non-Convertible Debentures for an amount of ₹300 Crore.
Source: BSE