Motilal Oswal Q1 Results: Net profit rises 10% YoY to Rs 1,273 crore; revenue climbs 25%

Motilal Oswal Financial Services on Thursday reported a consolidated net profit of Rs 1,273 crore for the April-June quarter of FY27, marking a nearly 10% YoY rise from the Rs 1,162 crore reported in the corresponding quarter of the previous financial year.

The domestic brokerage’s revenue from operations, meanwhile, jumped more than 25% year-on-year (YoY) to Rs 3,426 crore during the quarter under review, as against Rs 2,738 crore reported in the year-ago period. The company’s total expenses surged around 42% YoY to Rs 1,898 crore in the first quarter of FY27.

Motilal Oswal recorded its highest ever operating profit after tax (PAT) of Rs 1,513 crore in Q1, a 14% YoY rise, driven by a strong 73% surge in its asset management business’ profit to Rs 245 crore. The segment is now the largest contributor to the firm’s overall PAT at 40%. Total asset under management (AUM) increased 31% YoY to Rs 2.12 lakh crore.


Private wealth management saw a 42% YoY rise in Annual Recurring Revenue (ARR) to Rs 157 crore, while AUM grew 37%. “MOFSL’s 10-year track record of 33% Operating PAT CAGR, Earnings Per Share (EPS) CAGR of 28% and average Return on Equity (ROE) of 23% has been delivered entirely through internal accruals with no dilution. During the same period, Net Worth CAGR is 25% after 3 buy backs and consistent dividend payouts, entirely through internal accruals,” the company said.

Motilal Oswal highlighted that it has delivered 28% net worth CAGR over the past six years. The company’s wealth management segment saw a strong ascent on growing annuity streams - ARR revenue grew by 26% on YoY basis to Rs 304 crore, while loan book grew by 33% YoY to

Rs 7,388 crore.

“Crisil upgraded our long-term credit rating to AA+ Stable. This reflects the strength of our franchise and the resilience of our business model which are designed to deliver sustainable growth across market cycles. Focus on annuity revenues have led to a contribution of 66%, improving quality and predictability of business,” the company further said.

Motilal Oswal share price

The earnings were announced in the post market hours of Thursday. Earlier in the day, the stock fell more than 1% to close at around Rs 23 apiece on NSE. The shares of the company have fallen over 3% in one week and nearly 7% in one month, but are overall up nearly 7% in 2026 so far.

Also read: Infosys Q1 Results: Profit rises 12% YoY to Rs 7,769 crore; co trims upper-end revenue forecast

In the longer term, Motilal Oswal shares delivered 15% returns over one year, 27% over three years and 76% over five years. The company has a market capitalisation of more than Rs 72,001 crore.

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