Geojit Financial Services trades jubilantly on reporting over 2-fold jump in Q1 consolidated net profit
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Geojit Financial Services is currently trading at Rs. 116.00, up by 10.55 points or 10.00% from its previous closing of Rs. 105.45 on the BSE.
The scrip opened at Rs. 109.50 and has touched a high and low of Rs. 116.05 and Rs. 107.45 respectively. So far 314834 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 117.90 on 15-Jul-2024 and a 52 week low of Rs. 45.00 on 17-Aug-2023.
Last one week high and low of the scrip stood at Rs. 117.90 and Rs. 97.00 respectively. The current market cap of the company is Rs. 2685.59 crore.
The promoters holding in the company stood at 54.59%, while Institutions and Non-Institutions held 2.40% and 43.01% respectively.
Geojit Financial Services has reported 94.07% rise in its net profit at Rs 40.89 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 21.07 crore for the same quarter in the previous year. Total income of the company increased by 52.91% at Rs 172.12 crore for Q1FY25 as compared to Rs 112.56 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in net profit at Rs 45.81 crore for Q1FY25 as compared to Rs 22.08 crore for the same quarter in the previous year. Total income of the company increased by 56.22% at Rs 181.18 crore for Q1FY25 as compared to Rs 115.98 crore for the corresponding quarter previous year.
