Motilal Oswal Profit Rises, But Future Outlook Worries

Motilal Oswal Financial Services reported a net profit of ₹619.71 crore, a 2.6% increase from last year. Their revenues rose by 17%, reaching ₹14,462.39 crore. However, profit margins faced pressure, leading to a cut in their estimated earnings for FY26-27 by about 6-8%. They also reduced their target price for shares from ₹4,650 to ₹4,350 while maintaining a "BUY" rating. This news reflects the challenges in the financial sector, highlighting the need for investors to consult experts before making decisions based on these projections.