ADVERTISEMENT
Key To Sustained Growth Lies In Strong Asset Quality, Says Raamdeo Agrawal
Motilal Oswal Financial Services profit grows 42 percent year-on-year.
06 Nov 2017, 08:47 PM IST
Motilal Oswal Financial Services Ltd., co-Founder Raamdeo Agrawal maintains an optimistic outlook for the rest of the year as the brokerage house posted a revenue and net profit growth of around 40 percent each in the July-September quarter. Going forward, the focus will be to retain a sound asset quality, he added.Key Financial Highlights:Net profit grew 42 percent to Rs 143.8 crore.Revenue increased 40 percent to Rs 704.5 crore.
Motilal Oswal Financial Services Ltd., co-Founder Raamdeo Agrawal maintains an optimistic outlook for the rest of the year as the brokerage house posted a revenue and net profit growth of around 40 percent each in the July-September quarter. Going forward, the focus will be to retain a sound asset quality, he added.
Key Financial Highlights:
- Net profit grew 42 percent to Rs 143.8 crore.
- Revenue increased 40 percent to Rs 704.5 crore.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT