Geojit Financial Services Q2 FY27 Results: Consolidated Net Profit ₹15.44 Crore on Total Income of ₹171 Crore
Earnings
Financial services
Blacklitt Research3 min read
Geojit Financial Services (NSE: GEOJITFSL) reported consolidated total income of ₹171.35 crore and net profit of ₹15.44 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹122.53 crore and net profit of ₹6.08 crore, it said in a filing on 23 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹171.35 crore, down 0.9% YoY and up 1.4% QoQ
Net profit and EPS: ₹15.44 crore, down 30.4% YoY; basic EPS ₹0.59 against ₹0.80 a year earlier
Depreciation: ₹12.32 crore, up 38.3% YoY
Standalone
The company on its own, without its subsidiaries
Total income: ₹122.53 crore, down 12.1% YoY and 3.8% QoQ
Net profit and EPS: ₹6.08 crore, down 72.4% YoY; basic EPS ₹0.22 against ₹0.79
Other income: ₹52.21 crore, 42.6% of total income
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
171.35
172.95
-0.9%
168.97
+1.4%
Revenue from operations
165.83
161.69
+2.6%
160.41
+3.4%
Other income
5.52
11.26
-51.0%
8.56
-35.5%
15.44
22.18
-30.4%
19.83
-22.1%
Finance costs
2.92
2.87
+1.7%
2.95
-1.0%
Depreciation
12.32
8.91
+38.3%
11.37
+8.4%
Tax expense
5.18
8.12
-36.2%
7.38
-29.8%
Net profit margin
9.01%
12.83%
-3.81 pp
11.74%
-2.72 pp
Tax as share of profit before tax
25.1%
26.8%
-1.67 pp
28.4%
-3.27 pp
EPS, basic (₹)
0.59
0.80
-26.3%
0.71
-16.9%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Income held close to last year's level while profit fell faster. Total income of ₹171.35 crore was 0.9% lower than in Q2 FY26, but net profit of ₹15.44 crore was 30.4% lower and profit before tax fell 32.0%. Other income dropped to ₹5.52 crore from ₹11.26 crore, while revenue from operations rose 2.6% to ₹165.83 crore.
Depreciation is the line that moved most against the base. It rose 38.3% to ₹12.32 crore, and finance costs of ₹2.92 crore were 1.7% of total income. The tax charge fell 36.2% to ₹5.18 crore, a 25.1% share of profit before tax against 26.8% a year earlier, so lower tax did not offset the fall in profit.
The consolidated figures do not reconcile on profit. The filing's profit for the period is ₹16.28 crore before the split with non-controlling interest, and profit attributable to owners is ₹16.54 crore, while the net profit row shows ₹15.44 crore. The basic EPS of ₹0.59 cannot be checked against these figures from the text read.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
122.53
139.35
-12.1%
127.38
-3.8%
Revenue from operations
70.32
68.37
+2.9%
61.83
+13.7%
Other income
52.21
70.98
-26.4%
65.55
-20.4%
6.08
22.05
-72.4%
14.28
-57.4%
Finance costs
1.65
1.28
+28.9%
1.52
+8.6%
Depreciation
9.52
7.52
+26.6%
9.05
+5.2%
Tax expense
1.79
7.00
-74.4%
4.91
-63.5%
Net profit margin
4.96%
15.82%
-10.86 pp
11.21%
-6.25 pp
Tax as share of profit before tax
22.7%
24.1%
-1.35 pp
25.6%
-2.83 pp
EPS, basic (₹)
0.22
0.79
-72.2%
0.51
-56.9%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone profit fell far more than income. Total income dropped 12.1% to ₹122.53 crore and net profit fell 72.4% to ₹6.08 crore. Revenue from operations rose 2.9% to ₹70.32 crore, but other income of ₹52.21 crore, down 26.4%, is 42.6% of total income and fell from ₹70.98 crore a year earlier.
Profit before tax of ₹7.87 crore was 72.9% lower than ₹29.05 crore a year earlier. Depreciation rose 26.6% to ₹9.52 crore and finance costs rose 28.9% to ₹1.65 crore. Standalone other income is 663.5% of profit before tax, so the profit rests largely on income outside revenue from operations.
Consolidated net profit of ₹15.44 crore is ₹9.36 crore higher than standalone net profit of ₹6.08 crore. The consolidated statement covers the holding company, its domestic and international subsidiaries, a joint venture and an associate, as the review report lists them.
Inference
The quarter's per-share effect is lower on both bases: basic EPS of ₹0.59 consolidated is down 26.3% from ₹0.80, and ₹0.22 standalone is down 72.2% from ₹0.79. The text read gives no dividend for the quarter.
The board approved the re-appointment of Sebastian Luckose Morris as a non-executive independent director for a second term of 45 consecutive months from 16 Nov 2026, withdrew applications to move certain promoter group members to the Public category, and approved a postal ballot on changes in the directorate and management, with Satheesh Kumar N as scrutinizer. The filing does not give the postal ballot's outcome or timeline, or the effect of the reclassification withdrawal on shareholding.
Create a free account to read the rest of this article and the analysis that follows.
By continuing you agree to our Terms and Privacy Policy, and to receive updates from Blacklitt by email. You can unsubscribe anytime.
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
GEOJITFSLGeojit Financial Services Ltd.
