Motilal Oswal Financial Services

Motilal Oswal Financial Services reported a sharp rise in profitability for the third quarter, with net profit jumping 58% year-on-year to Rs. 721 crore, underscoring strong momentum across its core businesses. The performance was driven by robust activity in capital markets, higher client participation, and improved operating leverage. Despite market volatility, the company benefited from diversified revenue streams spanning wealth management, asset management, and broking.

Motilal Oswal Financial Services has released a comprehensive study identifying India’s most successful wealth creators, shedding light on companies that have delivered exceptional long-term shareholder value. The analysis goes beyond short-term stock performance, focusing instead on sustained earnings growth, capital efficiency, and strategic execution across economic cycles. The findings reveal how businesses in financial services, consumer markets, manufacturing, and emerging industries have capitalized on structural shifts in the Indian economy.

The Securities and Exchange Board of India (Sebi) has levied a Rs. 3 lakh penalty on Motilal Oswal Financial Services Ltd for breaching stock brokers' norms related to trading terminals and oversight of authorized persons. The violations were uncovered during a thematic inspection focused on the broker's control over authorized persons for the period spanning April 2022 to January 2024. Sebi found multiple instances of trading from unapproved locations and terminals, along with fund-based relationships between authorized persons and clients, contravening established regulations.