Financial services provider Motilal Oswal Financial
Services has reported a net profit of Rs 21.7 crore in the fourth quarter
of FY12, degrowth of 16% quarter-on-quarter and 10% year-on-year.
Income from operations in the January-March quarter
increased 16% QoQ and 2% YoY to Rs 129 crore.
Segmentwise revenues
Broking and related revenues jumped 25% QoQ to Rs 89.6 crore
in Q4. Daily market volumes of the company grew 6% QoQ to Rs 1.5 lakh crore,
buoyed by a 34% growth in cash volumes following increased retail participation
in January-February.
Company's fund based income increased 19% QoQ and 10% YoY to
Rs 22.5 crore in the quarter ended March 31, 2012.
Motilal Oswal has reported asset management fees at Rs 13
crore, down 24% from Q3FY12 and 3% compared to Q4FY11.
Revenues from investment banking business went up sharply by
196% quarter-on-quarter, but down 30% year-on-year to Rs 3.8 crore in fourth
quarter.
As of March 31, 2012, the company has net worth of Rs
1,140.9 crore and net cash of Rs 271 crore.
FY12 (YoY)
Total income dropped 22% to Rs 461 crore and profit after
tax fell 24% to Rs 104 crore
Total expenditure too declined 16% to Rs 322 crore and
earnings per share slipped to Rs 7.17 versus Rs 9.52.
Segmental revenues (YoY)
Equity broking and other related activities revenues
declined 24% to Rs 366 crore.
Investment banking revenues dropped 71% to Rs 11.3 crore.
Revenues from its financing and other activities jumped 61%
to Rs 82 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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