Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue down 35%

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Motilal Oswal Financial Services reported a 68% YoY decline in consolidated profit to ₹362 crore, while revenue fell 35% to ₹1,849 crore. However, asset management and private wealth units posted strong double-digit growth, lifting AUM to ₹1.77 lakh crore.