Motilal Oswal Financial Services Ltd. (MOFSL) has posted a record quarterly operating profit after tax of Rs 611 crore in Q3 FY26, reflecting a 16 per cent increase compared to the same period last year and a 10 per cent rise over the previous quarter. Total profit after tax, including treasury income and other comprehensive income, stood at Rs 721 crore, representing a year-on-year growth of 58 per cent.
The performance was led by robust momentum in the asset and private wealth management businesses. Asset management profit rose sharply during the quarter, supported by strong growth in assets under management, which climbed 33 per cent year-on-year to Rs 1.89 lakh crore. Mutual fund assets expanded by 40 per cent, while private alternates recorded a 62 per cent increase. Systematic investment plan inflows grew 55 per cent year-on-year to Rs 4,515 crore, with the company maintaining a healthy share of net mutual fund flows.
Private wealth management continued its upward trajectory, with assets under management rising 31 per cent to Rs 1.96 lakh crore. Net inflows during the quarter amounted to Rs 4,314 crore, aided by improved relationship manager productivity and increased client acquisition, while annuity and recurring revenue grew at a strong pace.
The wealth management business reported steady profitability, supported by growth in brokerage income and expanding distribution and lending books. Market share remained resilient across cash and derivatives segments, while the loan book and distribution assets continued to scale on a year-on-year basis.
Capital markets delivered improved profitability, with the firm maintaining a leading position in equity capital market transactions, including IPOs and QIPs, during the calendar year. The housing finance segment also recorded higher profits, supported by growth in assets under management despite a one-time change in disbursement recognition.
MOFSL’s treasury investments expanded to Rs 9,562 crore, delivering healthy long-term returns and benefiting from the reinvestment of operating profits. During the quarter, the board declared an interim dividend of Rs 6 per share.
As of December 2025, the company’s net worth stood at Rs 13,632 crore, reflecting strong balance sheet growth over the past decade, supported by disciplined capital allocation, consistent profitability and shareholder payouts without external equity dilution.
Send news announcements/press releases to:
editor@thefoundermedia.com
