Geojit Q1 Profit Drops 39%

  Published 10 months ago

Geojit Financial Services reported a 39% YoY decline in Q1 FY26 profit before tax to ₹36.64 crore, amid revenue pressure.

  • Wealth management revenue fell 17.5% YoY to ₹138.43 crore; other services grew nearly 14% to ₹6.53 crore.
  • Total expenses declined 3.9% YoY; finance costs dropped sharply while employee expenses saw a slight rise.
  • Geojit continues offering full-service financial solutions, including broking, portfolio management, and margin funding services.

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