Q1 2022 Motilal Oswal Financial Services Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Motilal Oswal Financial Services Q1 FY '22 Earnings Conference Call. We have with us on the call today Mr. Raamdeo Agrawal, Chairman; Mr. Motilal Oswal, Managing Director; Mr. Navin Agarwal, Director and AMC, CEO; Mr. Ajay Menon, CEO Broking; Mr. Arvind Hali, CEO, HFC; Mr. Shalibhadra Shah, Chief Financial Officer; and Mr. Rakesh Shinde, Investor Relations. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Navin Agarwal to make his opening remarks. Thank you, and over to you, Mr. Agarwal.
Thank you. Good afternoon, everybody. It is my pleasure to welcome you once again to the Motilal Oswal's earnings call for the first quarter ending 30th June. We hope that all of you and your families are safe and in good health.
For the first quarter, we've reported a PAT growth of 32% year-on-year to INR 2.2 billion. Our profit ex-gains on investments grew
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