Motilal Oswal is top loser

about 3 months ago
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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.

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