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Geojit PAT at Rs.101 Cr for year ended 31 March 2023

Dividend for the year Rs 1.50 (150%) per share

Geojit Financial Services Ltd approved its audited financial results for the quarter and the Financial Year ended 31 March 2023, following the meeting of its Board of Directors on 28 April 2023.

Consolidated Financial Highlights for the Financial Year 2022-2023:

Performance highlights for the year under review:

* Consolidated Revenues is Rs. 448 crore, a decrease of 11% YoY.

* EBITDA is Rs. 160 crore, a decrease of 32% YoY.

* Profit Before Tax (PBT) is Rs. 119 crore, a decrease of 41% YoY.

* Profit After Tax (PAT) is Rs. 101 crore, a decrease of 34% YoY.

Consolidated Financial Highlights for the Quarter ended 31 March 2023:       

Performance highlights for the quarter under review:

* Consolidated Revenue is Rs. 117 crore, a decrease of 5% YoY.

* EBITDA is Rs. 41 crore, a decrease of 25% YoY

* Profit Before Tax (PBT) is Rs. 29 crore, a decrease of 37% YoY.

* Profit After Tax (PAT) is Rs. 30 crore, a decrease 17% YoY.

As on 31 March 2023, the company’s assets under custody and management stood at Rs. 64,500 crore.

The Board has recommended a final dividend of Rs. 1.50/- (150%) per equity share of Rs 1/- each for the financial year 2022-23.

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