Motilal Oswal Q4 Results

Broking firm shares tank 9% after first net loss in five years During the quarter, Motilal Oswal's wealth management business grew by 7% from the same quarter last year, while Assets Under Management stood at ₹2.64 lakh crore, a growth of 31% year-on-year. Profile image Broking firm Motilal Oswal Financial Services Ltd. reported a net loss during the January-March period on Friday, April 25. This was the first net loss that the company has reported in five years. The last instance of the company reporting a net loss was during the January to March quarter of financial year 2020. The stock is also the top loser on the Nifty 500 index, down 8% after the results announcement.