Geojit Financial Services Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of 1.50 per equity share.
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The Board of Directors of Geojit Financial Services Limited, at its meeting held on May 21, 2025, approved the audited standalone and consolidated financial results for FY25 with a clean (unmodified) opinion from B S R & Associates LLP. On a consolidated basis, total revenue from operations grew about 22% year-on-year to Rs. 74,791.32 lakhs, while profit for the year rose roughly 15% to Rs. 17,248.68 lakhs and basic EPS stood at Rs. 6.18 versus Rs. 5.45 in FY24. The Board recommended a final dividend of Rs. 1.50 per equity share (face value Re. 1) for FY25, subject to shareholder approval at the AGM scheduled for July 25, 2025, with record date fixed as July 11, 2025. Additionally, the Board approved subscribing up to Rs. 10 crore in equity shares of subsidiary Geojit Credits Private Limited on a rights basis, and its Dubai arm received in-principle DFSA approval to set up a new entity in DIFC to serve HNI/UHNI wealth management clients in the UAE and wider Middle East.
Shareholders will receive a modest final dividend of Rs. 1.50 per share alongside steady top-line growth and a stronger equity base (boosted by the October 2024 rights issue at Rs. 50 per share). The DIFC expansion and subsidiary infusion signal management's focus on growth in credit and Gulf-based wealth management, which could support long-term earnings, though Q4 FY25 consolidated profit dipped sharply year-on-year and borrowings came down significantly post the broking business transfer to GIL.