Geojit BNP Paribas Financial Services Limited announced audited consolidated earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company reported revenues of the company decreased by 15% to INR 586.9 million from INR 693.8 million for the same quarter of the previous fiscal. Adjusted net revenue for the quarter is only 0.8% lower compared to previous quarter. Profit before tax has increased to INR 167.7 million from INR 142.6 million for the same period a year ago.

For the year, the company reported consolidated revenues has down by 11% from INR 2,621.9 million to INR 2,325.4 million in 2013. The adjusted consolidated revenue of the current year excluding the revenue of the institutional JV is higher by 1.6% over last year. Profit before tax has come down by 1% from INR 669.8 million to INR 660.5 million in 2014. Net profit was INR 732.4 million against INR 818.0 million in 2013.