Geojit Financial Services Share Price: Q1 Net Profit Drops 37% YoY Amid Revenue Dip

Market Performance

• Geojit Financial Services' share price ended at ₹82.30 on the BSE.
• The stock saw a minor rise of ₹0.12, marking a 0.15% gain on the day.

Despite weak quarterly financials, the Geojit Financial Services share price remained largely stable, reflecting investor caution and market resilience.

Main News: Profit Slumps in Q1 FY26

Geojit Financial Services Ltd reported a steep drop in earnings during the quarter ending June 30, 2025.

• The company's consolidated net profit dropped 37% YoY to ₹28.67 Crore.
• The net profit registered an 11% decline on a quarter-on-quarter basis.
• Profit before tax (PBT) stood at ₹36.64 Crore, representing a 39% decrease from the same period last year.
• PBT also slipped 8% QoQ, signaling continued margin pressure.

The drop in profit was attributed to a weaker performance across its core business verticals, particularly in the securities segment.

Company Details and Business Restructuring

Earlier this year, Geojit Financial Services received all required regulatory and exchange approvals to transfer several key businesses to its wholly owned subsidiary, Geojit Investments Ltd (GIL).

Transfer Details:

• Business Transfer Agreement signed on December 13, 2024.
• Transfer of securities broking, margin financing, depository participant services, and research analyst business set for March 21, 2025.

FY23 Business Metrics:

• Revenue from securities business: ₹300.23 Crore
• Contribution to standalone turnover: 71.57%
• Net worth of transferred businesses: ₹336.25 Crore
• Share of overall net worth: 58%

This internal restructuring aims to consolidate operations and improve efficiency under the GIL entity.

Financial Performance Overview

Revenue

• Consolidated revenue for Q1 stood at ₹153.30 Crore.
• This reflects a 15% YoY decline from ₹181.18 Crore.
• Sequentially, revenue was down by 14%.

Net Profit

• Q1 net profit came in at ₹28.67 Crore, down 37% YoY.
• Profit also declined 11% QoQ.

Profit Before Tax (PBT)

• PBT dropped to ₹36.64 Crore, a 39% fall compared to the same period last year.
• Sequentially, PBT was 8% lower.

Summary

The Q1 results for Geojit Financial Services indicate a challenging financial quarter, marked by a sharp fall in both net profit and revenue.

Despite these headwinds, the Geojit Financial Services share price ended marginally higher on the BSE, showing resilience in investor sentiment. With significant business operations set to transition to Geojit Investments Ltd, market participants will be watching closely how this strategic move unfolds in the coming quarters.