Motilal Oswal Financial Services Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Motilal Oswal Financial Services Ltd reported a 29.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.8%.
- Its expenses for the quarter were down by 8.7% QoQ and up 29.6% YoY.
- The net profit decreased 49.5% QoQ and decreased 14.4% YoY.
- The earnings per share (EPS) of Motilal Oswal Financial Services Ltd stood at 9.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2002.51 | 2845.98 | 1791.30 | -29.6% | 11.8% |
Total Expenses | 1270.45 | 1391.78 | 979.99 | -8.7% | 29.6% |
Profit Before Tax | 740.66 | 1453.67 | 808.62 | -49.0% | -8.4% |
Tax | 174.66 | 331.87 | 147.13 | -47.4% | 18.7% |
Profit After Tax | 566.00 | 1121.80 | 661.24 | -49.5% | -14.4% |
Earnings Per Share | 9.30 | 18.40 | 44.30 | -49.5% | -79.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Motilal Oswal Financial Services Ltd is a diversified financial services firm based in India. The company operates in the financial services industry, primarily providing wealth management, asset management, and investment banking services. As a prominent player in the financial sector, Motilal Oswal Financial Services Ltd has a comprehensive suite of products and services designed to cater to both retail and institutional clients. The company is known for its strong research-based investment approach and has been recognized for its capabilities in equity research and advisory services. Recent developments in the industry, such as regulatory changes and advancements in financial technology, have influenced the competitive landscape in which the company operates. However, specific recent developments regarding Motilal Oswal Financial Services Ltd are not available within the context of this analysis.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Motilal Oswal Financial Services Ltd reported a total income of ₹2002.51 crores. This represents a decline of 29.6% on a quarter-over-quarter (QoQ) basis from the previous quarter (Q2FY25), where the total income was ₹2845.98 crores. On a year-over-year (YoY) basis, the total income increased by 11.8% compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹1791.30 crores. These changes in revenue highlight the fluctuations in the company's income over the specified periods. The financial data indicates that while there was a YoY growth, the QoQ decline suggests a significant decrease in income compared to the previous quarter. However, specific factors contributing to these fluctuations are not detailed in the provided data.
Profitability
The profitability of Motilal Oswal Financial Services Ltd, as indicated by the Profit Before Tax (PBT) and Profit After Tax (PAT), showed a noticeable decline in Q3FY25. The PBT for the quarter stood at ₹740.66 crores, reflecting a 49.0% decrease from the previous quarter (Q2FY25), where it was ₹1453.67 crores. Compared to the same quarter in the prior year (Q3FY24), the PBT saw a decrease of 8.4%, as it was ₹808.62 crores then. The PAT for Q3FY25 was ₹566.00 crores, down by 49.5% QoQ from ₹1121.80 crores in Q2FY25 and down by 14.4% YoY from ₹661.24 crores in Q3FY24. The tax expenses also decreased by 47.4% QoQ and increased by 18.7% YoY. These figures illustrate the company's profitability challenges, with earnings per share also falling 49.5% QoQ to ₹9.30 from ₹18.40. The YoY EPS dropped significantly by 79% from ₹44.30, indicating a reduction in earnings attributable to shareholders.
Operating Metrics
The total expenses for Motilal Oswal Financial Services Ltd in Q3FY25 were ₹1270.45 crores, which was an 8.7% decrease from ₹1391.78 crores in Q2FY25. However, on a YoY comparison, total expenses increased by 29.6% from ₹979.99 crores in Q3FY24. This rise in expenses over the year, coupled with the decline in quarterly income, affects the overall operating performance of the company. The financial data reveals a significant decrease in expenses from the previous quarter, yet a substantial increase from the same quarter last year, pointing to varying cost management strategies or shifts in operational scale. The significant changes in both income and expenses influence the overall financial dynamics and operational efficiency of the company during these periods.
