Bengaluru, July 16 -- The shares of a leading brokerage and financial services firm came under pressure after the company reported a weak set of Q1 FY26 results. The stock fell over 6% as investors reacted to the subdued performance across key metrics.
With a market capitalisation of Rs 2,151 Crores, the share price of Geojit Financial Services Limited declined over 6% on Wednesday to hit an intraday low of Rs 76.61 per share from the previous day's closing price of Rs 82.30 per share.
Q1 FY26 Update
Geojit Financial Services reported a revenue of Rs 153 crore in Q1 FY26, down 15.5% year-on-year (YoY) from Rs 181 crore in Q1 FY25 and 13.6% lower than Rs 177 crore in Q4 FY25.
Net profit for the April-June quarter stood at Rs 29 crore, r...
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