Geojit Financial Services standalone net profit declines 62.06% in the March 2017 quarter

Sales rise 21.79% to Rs 60.53 crore

Net profit of Geojit Financial Services declined 62.06% to Rs 2.83 crore in the quarter ended March 2017 as against Rs 7.46 crore during the previous quarter ended March 2016. Sales rose 21.79% to Rs 60.53 crore in the quarter ended March 2017 as against Rs 49.70 crore during the previous quarter ended March 2016.

For the full year,net profit rose 7.64% to Rs 38.32 crore in the year ended March 2017 as against Rs 35.60 crore during the previous year ended March 2016. Sales rose 13.68% to Rs 229.42 crore in the year ended March 2017 as against Rs 201.81 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales60.5349.70 22 229.42201.81 14 OPM %29.6420.97 -28.1423.54 - PBDT23.2714.74 58 86.4465.85 31 PBT20.1311.63 73 74.0554.53 36 NP2.837.46 -62 38.3235.60 8

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