Geojit Financial Services Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Jul-2026.
GEOJITFSL · price
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Geojit Financial Services announced audited standalone and consolidated results for FY26 (ended March 31, 2026) with an unmodified (clean) opinion from auditors BSR & Associates LLP. Consolidated profit for the year rose sharply to about Rs. 173.47 crore from Rs. 80.42 crore in FY25, helped by a large one-time gain from discontinued operations (about Rs. 131 crore). The board recommended a final dividend of Rs. 1.50 per share (Re. 1 face value), subject to shareholder approval. The 32nd AGM is scheduled for July 24, 2026, with the record date set as July 10, 2026. The board also proposed appointing Price Waterhouse Chartered Accountants LLP as the new statutory auditor for five years (from the 32nd to 37th AGM), replacing the current auditor.
The doubling of consolidated profit looks strong but is largely driven by exceptional/discontinued operations, so underlying business performance may be more modest. The Rs. 1.50 dividend offers reasonable income for shareholders. The proposed auditor change to a Big-4 firm (Price Waterhouse) is positive for governance and may improve investor confidence.