• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

KOCHI: The net profit of Geojit Financial Services Ltd fell by 21 per cent to Rs 2.6 crore (Rs 3.3 crore) for the first six months of the current year.

The revenues for the first half grew by 19 per cent to Rs 17.4 crore (Rs 14.5 crore). Revenues for the second quarter moved up to Rs 9.3 crore (Rs 9.1 crore).

The wholly owned subsidiary, Geojit Infofin Technologies Ltd, which is engaged in commodities business has reported a five-fold increase in its revenues. The total revenue went up to Rs 3.58 crore (Rs 69 lakh) while the net profit grew three-fold to Rs 47 lakh (Rs 16 lakh).

The overseas joint venture of the company, Barjeel Geojit Securities, continued to make profits during this period. The accounts of the subsidiaries have not been consolidated into the half-year accounts released to the stock exchanges, the company said.

More Stories on : Financial Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
ITC Q2 net up 13.5 pc at Rs 486 cr

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line