Geojit Reports Annual Revenue And Profit Decline

05 May 2026 CW Team

Geojit Financial Services approved audited consolidated results for the year ended 31 March 2026 at a board meeting in Kochi on 29 April 2026. Consolidated revenue for the year was Rs 6,759.6 million (mn) and profit after tax was Rs 835.8 million. Million (mn) and billion (bn) are used below for converted values. The board recommended a dividend of Rs one point five zero per share, equivalent to 150 per cent.

Revenue fell year-on-year by 10 per cent from Rs 7,493.2 million to Rs 6,759.6 million. Profit before tax declined by 51 per cent to Rs 1,082.3 million from Rs 2,226.9 million and profit after tax fell by 52 per cent to Rs 835.8 million from Rs 1,724.9 million.

For the quarter ended 31 March 2026 consolidated revenue was Rs 1,895.7 million, up seven per cent year-on-year. Profit before tax for the quarter was Rs 249.4 million, down 37 per cent, while profit after tax was Rs 174.7 million, down 46 per cent.

As on 31 March 2026 the company's customer assets amounted to Rs 970.56 billion (bn). The firm reported one point six six eight million (mn) clients and a network of over 500 offices across India and the GCC. The company highlighted its presence in the Gulf Cooperation Council through joint ventures and partnerships in the United Arab Emirates, Kuwait, Oman and Bahrain.

Promoters include BNP Paribas, C J George and Kerala State Industrial Development Corporation, and the board signalled continued focus on long-term growth while returning capital to shareholders. The audited results and the dividend proposal reflect management's assessment of financial position and future strategic priorities and objectives.

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