Motilal Oswal Q2 Results: PAT nearly quadruples to Rs 1,070 crore; revenue up 20%
Motilal Oswal set out an expansion in a quarterly results development for Q2 FY27.
· ET Stocks, Economic Times Markets
Motilal Oswal reported a 29% year-on-year rise in operating profit to ₹718 crore in Q2 FY27, driven by asset management and wealth management growth. Assets under management expanded, while recurring revenue strengthened earnings visibility and business resilience.
Key facts
- Period
- Q2 FY27
The analysis
Motilal Oswal reported Rs 1,070 crore and ₹718 crore for Q2 FY27, with movement of 20% and 29% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -4.5% on the day at ₹941.95, and has returned +12.6% over three months. It sits 13% below its 52-week high. The capital markets sector has moved -6.3% over the same period, so Motilal Oswal is running 18.9 points ahead of its peers.
For Motilal Oswal, the question is how much of this is already reflected in the price and how much re-rates the capital markets peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Motilal Oswal (MOTILALOFS), in Capital Markets.
- Over three months: Motilal Oswal +12.6% against Capital Markets -6.3% (18.9 points ahead).
- Trading well above normal today: Motilal Oswal at 2.4 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Motilal OswalMOTILALOFS · Capital Markets | ₹941.95 | -4.5% | -5.2% | +12.6% | -12.9% | 2.4× | — |
Capital Markets
1M -2.9% · 3M -6.3%
Motilal Oswal
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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