Motilal Oswal Financial Services Limited — Board Meeting, 28-10-2024: Outcome of Board Meeting

Motilal Oswal Financial Services reported a record quarterly profit after tax (PAT) of ₹1,242 crore for Q2FY25, a 123% increase year-over-year, with return on equity at 48%. Consolidated operating net revenue surged 46% to ₹1,366 crore. The firm raised ₹170 crore through private placement of debentures and appointed Ms. Neetu Juneja as Senior Managerial Personnel. The company's net worth increased significantly to ₹11,070 crore, reflecting strong performance across wealth management and capital markets.