Geojit Financial Reports ₹24 Crore Net Profit in Q2, Revenue Declines to ₹169.8 Crore

Geojit Financial Services Ltd reported a net profit of ₹23.5 crore for the second quarter ended September 2025, reflecting a 59% decline compared with ₹57.4 crore in the same period last year. 

Revenue for the quarter fell 22% to ₹169.8 crore, down from ₹218.4 crore in Q2 FY25. The results highlight the challenges faced by the brokerage firm amid a subdued market environment.

Leadership Changes at Geojit

The quarter also marked a significant change in leadership. A. Balakrishnan, Executive Director, retired from the board on October 20, 2025, after more than 27 years with the company. Balakrishnan played a pivotal role in building India’s first online stock broking platform at Geojit and contributed to its growth through expertise in technology, business, and regulatory matters.

The board expressed its appreciation for Balakrishnan’s contributions and announced that he will continue to support the company as an Advisor, providing continuity in key areas.

New Executive Leadership

Jayakrishnan Sasidharan, who joined Geojit in June 2025, will assume executive leadership responsibilities. With over 20 years of experience working with major firms such as Adobe, Wipro Technologies, and Tata Consultancy Services, Sasidharan brings expertise in disruptive technology, digital transformation, cloud solutions, and customer experience. 

His leadership is expected to support Geojit’s ongoing strategic initiatives and technology-driven growth.

Geojit Financial Services Share Price Updates

Geojit Financial Services share price ended at ₹78.61 on the BSE, down by ₹0.14 or 0.18% on October 20, 2025. The shares opened at ₹79.01 and traded between a low of ₹77.49 and a high of ₹80.76. 

The stock’s previous close was ₹78.75, with a trading volume of 9,80,621 shares. Over the past 52 weeks, the share price has ranged from ₹60.73 to ₹153.00, and the company currently has a market capitalisation of ₹2,203.39 crore.

Read More:Punjab National Bank's Q2 Net Profit Rises 14% to ₹4,903 Crore

Conclusion

While the second-quarter numbers reflect a challenging period for Geojit Financial Services, the company continues to focus on strengthening its digital and technology offerings. The leadership transition and strategic focus on emerging technology areas signal an ongoing effort to adapt to market changes and support long-term business objectives.

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