Motilal Oswal Financial shares slump 13% in 2 days after Rs 63 crore loss, first in 5 years
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Shares of Motilal Oswal Financial Services fell as much as 4.9% to Rs 660.15 on the BSE on Monday, extending a two-day slide to 12.6% after the company posted its first quarterly loss in five years. Motilal Oswal Financial Services (MOFSL) reported a net loss of Rs 63.2 crore for the fourth quarter of FY25, compared with a profit of Rs 724 crore in the same period last year. This marked the company’s first quarterly loss since the January–March period of FY20. The loss was primarily driven by a fall in fair value changes, with a net loss of Rs 430 crore in the quarter compared to a net gain of Rs 424 crore a year ago. Total revenue from operations fell 44% year-on-year to Rs 1,190 crore during the quarter ended March 2025. However, operating profit stood at Rs 519 crore for the quarter, helping the full-year figure cross Rs 2,000 crore — a growth of 31% from the previous year. The stock had closed 8% lower at Rs 694.90 on Friday, when the...