MOTILALOFS Motilal Oswal Financial Services Q2 FY26 results (Jul–Sep 2025) and concall
Motilal Oswal Financial Services delivered a resilient Q2 FY26, marked by strong growth in its annuity-based Asset and Private Wealth businesses and continued leadership in Investment Banking. The company achieved a significant credit rating upgrade to AA+ and is strategically expanding its alternates and lending books. While facing some volatility in treasury performance and a preliminary impact from SEBI's consultation paper, management expressed confidence in its diversified model and healthy deal pipeline for future growth.
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What they filed
Q2 FY26: revenue down 34.9%, net profit down 67.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 2,841 | 1,993 | 1,190 | 2,737 | 1,849 −35% |
| EBITDA | 1,816 | 1,061 | 280 | 1,720 | 840 −54% |
| Net profit | 1,122 | 566 | -63 | 1,163 | 363 −68% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





