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Geojit Financial Services Q3 FY26 Consolidated Revenue Down 7% YoY to ₹160.15 Crore
Geojit Financial Services Limited
January 16, 2026, 01:45 PM
Geojit Financial Services reported Q3 FY26 consolidated revenue of ₹160.15 crore, a 7% decrease YoY. PAT fell 62% YoY to ₹13.97 crore due to a ₹9 crore exceptional expense for gratuity provision and increased operational costs from new hires and higher IT/marketing spend. Customer assets stood at ₹1,09,230 crore.
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Geojit Financial Services Limited announced its un-audited financial results for the third quarter ended 31 December 2025, following a meeting of its Board of Directors on 16 January 2026. The consolidated revenue for the quarter decreased by 7% year-on-year to ₹160.15 crore, down from ₹172.11 crore in the same period last fiscal. Sequentially, revenue also saw a 7% decline.
The Profit Before Tax (PBT) before exceptional items also experienced a significant drop of 47% year-on-year, falling to ₹25.30 crore from ₹47.53 crore. This was impacted by an exceptional item of ₹9 crore, representing additional gratuity expense provision due to the implementation of new Labour Codes. Consequently, PBT after exceptional item stood at ₹16.34 crore.
Profit After Tax (PAT) saw a substantial decrease of 62% year-on-year, from ₹37.05 crore to ₹13.97 crore. Quarter-on-quarter, PAT declined by 40%.
C J George, Chairman and Managing Director of Geojit, stated that the cost increase, apart from the one-time labour code provisioning, was due to the onboarding of over 600 additional field sales professionals and increased IT and marketing expenditure. He emphasized that these investments align with the company's calibrated long-term strategy.
As of 31 December 2025, Geojit Financial Services had customer assets worth ₹1,09,230 crore and served 16.33 lakh clients through a network of over 514 offices in India and the GCC.
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