Motilal Oswal is top loser
By
Ruma Dubey
about 5 years ago
Motilal Oswal is the top loser on the BSE, going down 6% to Rs.641.05 as its performance for Q3FY19 has been dismal.
The big disappointment is that its consolidated net profit for Q3FY19 fell 73% (YoY) at Rs.40 crore. This was on a 11% drop in revenue at Rs.648 crore. Its broking revenue showed a fall of 10%.
The broking firms EBITDA was down 58% at Rs.148 crore.