Geojit Financial Services has posted a revenue of ₹177.48 crore, down 15 per cent from ₹208.56 crore in the corresponding period of the previous year. Net profit for the quarter came in at ₹32.21 crore (₹51.91 crore), down 38 per cent. EBITDA stood at ₹54.09 crore, a 35 per cent year-on-year decline and profit before tax fell to ₹41.22 crore (₹68.57 crore).
For FY25, the company has reported a consolidated net profit of ₹172.49 crore (₹149.38 crore), marking a 15 per cent rise. Its total consolidated revenue rose 20 per cent to ₹749.32 crore (₹623.97 crore).
The board of directors, which met in Kochi on Wednesday, approved a final dividend of ₹1.50 a share for FY25.
.
AUM milestone
As on March 31, 2025, Geojit’s customer assets under management crossed the ₹1-lakh-crore mark, reaching ₹1,00,065 crore. The company serves over 15.20 lakh clients through a network of more than 500 offices across India and the Gulf Cooperation Council (GCC) countries.
The company also announced that its subsidiary, Geojit Private Wealth, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to set up operations within the Dubai International Financial Centre (DIFC). The new entity is intended to serve the wealth management needs of high-net-worth and ultra-high-net-worth individuals in the UAE and the broader West Asian region.
Geojit’s promoters include BNP Paribas, founder and Managing Director CJ George and the Kerala State Industrial Development Corporation (KSIDC). The company operates joint ventures in the GCC, including Barjeel Geojit in the UAE, BBK Geojit in Kuwait and QBG Geojit in Oman. It also has a business partnership with the Bank of Bahrain and Kuwait in Bahrain.