Geojit Financial Services Limited Announces Unaudited Consolidated and Standalone Earnings Results for Second Quarter and Six Months Ended September 30, 2018
October 24, 2018 at 08:01 am EDT
Share
Geojit Financial Services Limited announced unaudited consolidated and standalone earnings results for second quarter and six months ended September 30, 2018. For the quarter, the company reported consolidated total Revenues were INR 827.3 million against INR 874.4 million a year ago. Profit before tax was INR 190.3 million against INR 269.2 million a year ago. Profit after tax before share of profit attributable to minority interest was INR 61.8 million against INR 178.7 million a year ago. Basic per earnings share was INR 0.22 against INR 0.71 a year ago. Diluted earnings per share were INR 0.21 against INR 0.70 a year ago.
For the period, the company reported standalone total Revenues were INR 1,638.9 million against INR 1,715.5 million a year ago. Profit before tax was INR 392.2 million against INR 528.2 million a year ago. Profit after tax before share of profit attributable to minority interest was INR 198.7 million against INR 350.9 million a year ago. Basic earnings per share were INR 0.75 against basic and diluted per share of INR 1.40 a year ago. Diluted per earnings share was INR 0.74 against INR 1.38 a year ago.
For the quarter, the company reported consolidated total Revenues were INR 767.3 million against INR 796.8 million a year ago. Profit before exceptional items and tax was INR 188.4 million against INR 251.5 million a year ago. Profit before tax was INR 113.4 million against INR 251.5 million a year ago. Profit after tax for the period was INR 52.3 million against INR 168.5 million a year ago. Basic earnings per share were INR 0.22 against INR 0.71 a year ago. Diluted per earnings share was INR 0.22 against INR 0.70 a year ago.
For the period, the company reported consolidated total Revenues were INR 1,484.4 million against INR 1,582.3 million a year ago. Profit before exceptional items and tax was INR 347.0 million against INR 515.8 million a year ago. Profit before tax was INR 272.0 million against profit before tax of INR 515.8 million a year ago. Profit after tax for the period was INR 155.0 million against INR 355.6 million a year ago. Basic earnings per share were INR 0.65 against basic and diluted per share of INR 1.50 a year ago. Diluted per earnings share was INR 0.64 against INR 1.48 a year ago.
Geojit Financial Services Limited is an investment services company. The Company operates through two segments: Financial services and Software services. Its Financial services segment consists of brokerage services, depository services, financial products distribution services, portfolio management services and other allied activities. Its Software services segment consists of income from development and maintenance of software. The Company offers financial services, including online broking for equities, commodities, derivatives and currency futures, custody accounts, financial products distribution, portfolio management services, margin funding and others. It offers Flip, Selfie, TraderX, an online trading platform for traders and investors. Its Funds Genie is a mutual fund platform for mutual fund investments, including goal planning and model portfolio creation. Its subsidiaries include Geojit Credits Private Limited and Geojit Investment Services Limited, among others.
Geojit Financial Services Limited Announces Unaudited Consolidated and Standalone Earnings Results for Second Quarter and Six Months Ended September 30, 2018