Q1 FY27 results, promoter son Jones George named MD, promoter group reclassification

Geojit Financial Services posted Q1 FY27 consolidated revenue of Rs 160.40 cr and profit after tax of Rs 18.61 cr, down from Rs 27.30 cr PAT in Q1 FY26. The Board approved a leadership succession: C J George steps down as MD on October 1, 2026 to become Executive Chairman, while his son Jones George, current Executive Director, is appointed MD for 5 years. Ten promoter group members holding 2,08,173 shares (0.0745 percent) will be reclassified as public shareholders. Continuing promoter holding stays at 38.41 percent, so control is unchanged.