Geojit Financial Services
72.25
+0.24(+0.33%)
Market Cap₹2,016.70 Cr
PE Ratio16.63
Company Performance:
1D+0.33%
1M-7.50%
6M-5.57%
1Y-44.03%
5Y+99.59%
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More news about Geojit Financial Services
16Jul 25
Geojit Financial Services Reports 37% Drop in Q1 Net Profit
Geojit Financial Services announced its Q1 financial results, showing a significant decline in performance. The consolidated net profit fell by 37% to ₹28.67 crore, while revenue decreased by 15% to ₹153.30 crore compared to the same quarter last year. Profit Before Tax (PBT) also saw a 39% decrease. The company reported customer assets of ₹1,11,230 crore and a client base of 15.51 lakh as of June 30. The Board approved the allotment of 96,667 equity shares under the Employees Stock Option Scheme 2017, and Mr. Satish Ramakrishnan Menon was appointed as the Managing Director of Geojit Investments Limited, a wholly-owned subsidiary.
15Jul 25
Geojit Financial Services: Q1 Net Profit Drops 37% to ₹29 Crore
Geojit Financial Services experienced a significant decline in its Q1 financial performance. The company's consolidated net profit fell by 37% year-on-year to ₹28.67 crore from ₹45.50 crore. Revenue also decreased by 15% to ₹153.30 crore from ₹180.35 crore. The company plans to transfer its securities business to its wholly owned subsidiary, Geojit Investments Ltd, on March 21, 2025.
08Jul 25
Geojit Financial Services to Review Q1 Results on July 15
Geojit Financial Services has scheduled a meeting on July 15 to review and discuss its first quarter (Q1) financial results. The review is expected to provide insights into the company's performance, including revenue figures, profit and loss statement, and key performance indicators for Q1. This event is significant for investors and market analysts who monitor the company's financial health and growth trajectory.
22May 25
Geojit Financial Services Reports Mixed Results: Q4 Revenue Down, AUM Crosses ₹1 Lakh Crore
Geojit Financial Services experienced a decline in Q4 FY25 with revenue down 15% to ₹177.48 crore and net profit falling 38% to ₹32.21 crore. However, FY25 saw positive results with consolidated net profit up 15% to ₹172.49 crore. The company's AUM crossed ₹1 lakh crore. A final dividend of ₹1.50 per share was approved. Geojit Private Wealth received in-principle approval to operate in Dubai International Financial Centre, expanding international presence.
21May 25
Geojit Financial Services Reports Q4 Net Profit of ₹311 Million, Recommends Dividend
Geojit Financial Services reported a consolidated net profit of ₹311.00 million for Q4, down 38.51% year-over-year. Revenue decreased by 13.46% to ₹1,800.00 million. Despite the decline, the company recommended a dividend of ₹1.50 per share. The results reflect industry-wide pressures in the financial services sector.
20Mar 25
Geojit Financial Services Expands Investment in Subsidiary and Issues Non-Convertible Debentures
Geojit Financial Services Ltd. has approved the issuance of ₹100 crore in Non-Convertible Debentures and plans to invest ₹185 crore in its wholly-owned subsidiary, Geojit Investments Limited (GIL). The investment includes ₹100 crore in Compulsorily Convertible Debentures and ₹85 crore in equity shares. The company will transfer its securities broking business to GIL on March 21, 2025. These moves aim to support working capital needs, fund margin trading, and streamline operations.
25Feb 25
Geojit Financial Services to Transfer Securities Business to Subsidiary on March 21, 2025
Geojit Financial Services Limited (GFSL) will transfer its securities business to its wholly-owned subsidiary, Geojit Investments Limited (GIL), on March 21, 2025. The transfer, structured as a slump sale, includes securities broking, margin financing, depository participant services, and research analyst services. In FY2023, the transferred business contributed 71.57% of revenue and 58% of net worth to GFSL's standalone figures. This restructuring complies with NSE regulations and is expected to have minimal impact on consolidated business and shareholder value.
Geojit Financial Services
72.25
+0.24
(+0.33%)
1 Year Returns:-44.03%
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