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Geojit Financial Services PAT rises 73% to Rs 52 cr in March qtr

The company had recorded a profit after tax of Rs 30 crore in the year-ago period.

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Geojit Financial Services Q4 Results: PAT zooms 73% YoY to Rs 52 crore

Geojit Financial Services Q4 Results: In the fourth quarter of the last financial year, the firm s consolidated revenue rose 79% to Rs 209 crore. It was at Rs 117 crore a year ago. For fiscal 2023-24, its profit after tax jumped 48% to Rs 149 crore.

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Geojit Financial Services Logs 73% PAT Surge to Rs 52 Crore in Q4

Geojit Financial Services Logs 73% PAT Surge to Rs 52 Crore in Q4
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Fixed deposits interest rates to rise; SFBs offer 75-100 bps higher FD rates than PSBs, private banks

Experts believe that with liquidity becoming tighter and credit demand remaining strong, lending institutions are in the race to acquire the maximum deposits. SFBs are offering FD rates that are 75-100 basis points higher than those offered by PSBs and private banks.

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