ALPHA TRIBE

Motilal Oswal Financial Services LimitedResults, 28-01-2025: Integrated Filing- Financial

28-01-2025 | 08:07 pm

Motilal Oswal Financial Services has reported a profit after tax of ₹2,57,138 crore for the nine months ended December 31, 2024, showcasing robust performance with a 49% increase from the same period last year. Revenue from operations reached ₹7,14,879 crore, significantly up from ₹4,94,762 crore in the previous year, driven by strong gains across multiple segments. The company has also declared an interim dividend of ₹5 per equity share. The withdrawal of a previously approved Scheme of Arrangement, aimed at restructuring the company's business, suggests a cautious approach following regulatory updates. This withdrawal could enhance operational flexibility, presenting potential opportunities for investors who favor adaptability in management strategy.

No comments yet. Be the first to comment!

All announcements from Motilal Oswal Financial Services Limited