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Asset & Wealth Boom Fuels Motilal Oswal Q3 Earnings
27 Jan
Summary
- Net profit rose 6% year-on-year to ₹565.9 crore in Q3FY26.
- Revenue climbed 18% to ₹2,111.6 crore, driven by asset management.
- An interim dividend of ₹6 per equity share was declared for FY26.
Motilal Oswal Financial Services Ltd. demonstrated a robust Q3FY26 performance, announcing a 5.9% year-on-year rise in consolidated net profit to ₹565.9 crore. The company's revenue saw an impressive 18% increase, reaching ₹2,111.6 crore, supported by strong momentum in its asset and wealth management businesses.
The asset management segment was a key driver, with its profit after tax (PAT) jumping 65% to ₹227 crore. This growth was fueled by a 33% surge in total AUM to ₹1.89 lakh crore, including a notable 40% increase in mutual fund AUM and a 62% expansion in private alternatives.
Private wealth management also contributed significantly, reporting ₹82 crore in PAT and a 31% year-on-year rise in AUM to ₹1.96 lakh crore. The overall wealth management segment delivered ₹181 crore in PAT. Additionally, capital markets PAT grew 15% to ₹70 crore, and the housing finance segment saw a 12% increase in PAT to ₹42 crore.
