Motilal Oswal Fin Services Q3 net up 13.58%

Written by Agencies | Mumbai | Updated: Jan 28 2011, 19:55pm hrs
Brokerage firm Motilal Oswal Financial Services reported a 13.58 per cent growth at Rs 42.14 crore for the third quarter ended December 31, 2010.

The company had posted a net profit of Rs 37.10 in the October-December quarter last fiscal, Motilal Oswal Financial Services said in a filing to the Bombay Stock Exchange (BSE).

The income from operations of the company swelled to Rs 161.84 crore in the December quarter from Rs 151.74 crore in the year-ago period, the filing added.

Shares of Motilal Oswal Financial Services were quoting at Rs 140.35, down 5.39 per cent from the previous close in the afternoon trade on BSE.