Q2 results, independent director re-appointment, promoter reclassification withdrawal
Geojit's board approved unaudited consolidated results for the quarter and six months ended 30 September 2026; the statutory auditor's limited review carries an unmodified conclusion.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 16,582.35 | 16,168.22 | +2.6% | 16,040.37 | +3.4% |
| Total income | 17,134.70 | 17,294.58 | −0.9% | 16,896.70 | +1.4% |
| Profit before tax | 2,062.10 | 3,030.57 | −32% | 2,598.96 | −20.7% |
| Profit after tax | 1,628.43 | 2,347.05 | −30.6% | 1,982.84 | −17.9% |
| Total comprehensive income | 1,539.93 | 2,354.28 | −34.6% | 1,977.95 | −22.1% |
| Basic EPS | 0.59 | 0.80 | −26.3% | 0.71 | −16.9% |
- Total Income (Latest)
- 17,134.70 Lakhs (−0.9% YoY)
- Profit After Tax (Latest)
- 1,628.43 Lakhs (−30.6% YoY)
- PAT QoQ Change
- 1,982.84 previous quarter (−17.9%)
- Period
- 30 September 2026 (Unaudited)
Also decided at the meeting
- Re-appointed Mr. Sebastian Morris (DIN: 00037228) as Non-Executive Independent Director for a second term of 45 consecutive months w.e.f. 16.11.2026.
- Approved withdrawal of the applications seeking reclassification of certain Promoter Group members from 'Promoter/Promoter Group' to 'Public' category.
- Approved seeking shareholders' approval through postal ballot under Section 110 for resolutions relating, inter alia, to changes in the Directorate/Management.
- Appointed Mr. Satheesh Kumar N, Practicing Company Secretary, Kochi as scrutinizer for the postal ballot and remote e-voting process.
Auditor's review
Conclusion: Unmodified
Notes to the results
- During the quarter ended 30 June 2026 the Holding Company submitted its stock broking licence and applied for its cancellation; results now presented under Division II of Schedule III with comparatives regrouped.
- Incremental impact of the four Labour Codes amounting to Rs.758.34 lakhs was recorded as an exceptional item for the year ended 31 March 2026.
Board meeting outcome, 23 October 2026
The board approved the unaudited consolidated financial results for the quarter and six months ended 30 September 2026, along with the limited review report of the statutory auditor, Price Waterhouse Chartered Accountants LLP. The reviewed statement covers the company, its domestic and international subsidiaries, one joint venture and one associate.
Key numbers (consolidated, unaudited)
- Revenue from operations: Rs. 16,582.35 lakhs in the quarter ended 30 September 2026, compared with Rs. 16,168.22 lakhs in the quarter ended 30 September 2025.
- Total income: Rs. 17,134.70 lakhs for the quarter.
- Profit after tax: Rs. 1,544.19 lakhs for the quarter, compared with Rs. 2,218.37 lakhs in the quarter ended 30 September 2025.
- Six months ended 30 September 2026: Revenue from operations Rs. 32,622.72 lakhs and Profit after tax Rs. 3,404.78 lakhs.
Auditor's review conclusion
The limited review report carries an unmodified conclusion - nothing has come to the auditor's attention that causes them to believe the statement has not been prepared, in all material respects, in accordance with the recognition and measurement principles of Ind AS 34 and other accounting principles generally accepted in India, or that it contains any material misstatement. The report notes that a review is substantially less in scope than an audit and that no audit opinion is expressed.
Other decisions at the meeting
- Mr. Sebastian Morris (DIN: 00037228) re-appointed as Non-Executive Independent Director for a second term of 45 consecutive months with effect from 16.11.2026. He is not related to any directors, key managerial personnel or promoters of the company.
- The board approved withdrawing the applications seeking reclassification of certain promoter group members from the "Promoter/Promoter Group" category to the "Public" category, a follow-up to the company's intimation dated 22 July 2026.
- The board approved seeking shareholders' approval through postal ballot under Section 110 of the Companies Act, 2013 for resolutions relating to changes in the Directorate/Management of the company. Mr. Satheesh Kumar N, Practicing Company Secretary, Kochi, was appointed scrutinizer of the voting and remote e-voting process.
How to read this
For a retail shareholder, this is a combined update - the regular quarterly numbers plus governance items. The re-appointment gives an existing independent director a second term on the board. The postal ballot means the Directorate/Management resolutions will be put to a shareholder vote, with a scrutinizer appointed to oversee the process. The withdrawal means the proposal to move those promoter group members into the "Public" category will not go ahead.
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More numbers
- Profit after tax, consolidated, quarter ended 30 Sep 2026 (Rs. in lakhs)1,544.19
- Profit after tax, consolidated, quarter ended 30 Sep 2025 (Rs. in lakhs)2,218.37
- Revenue from operations, consolidated, six months ended 30 Sep 2026 (Rs. in lakhs)32,622.72
- Profit after tax, consolidated, six months ended 30 Sep 2026 (Rs. in lakhs)3,404.78
- Second term of Non-Executive Independent Director45 consecutive months
- Total income, latest quarter17,134.70 (₹ in lakhs)
- Total income, year-ago quarter17,294.58 (₹ in lakhs)
- Total income, previous quarter16,896.70 (₹ in lakhs)
- Total comprehensive income, latest quarter1,539.93 (₹ in lakhs)
- Total comprehensive income, year-ago quarter2,354.28 (₹ in lakhs)
- Total comprehensive income, previous quarter1,977.95 (₹ in lakhs)
- Profit after tax, latest quarter1,628.43 (₹ in lakhs)
- Profit after tax, year-ago quarter2,347.05 (₹ in lakhs)
- Profit after tax, previous quarter1,982.84 (₹ in lakhs)
- Revenue from operations, latest quarter16,582.35 (₹ in lakhs)
- Revenue from operations, year-ago quarter16,168.22 (₹ in lakhs)
- Revenue from operations, previous quarter16,040.37 (₹ in lakhs)
- Profit before tax, latest quarter2,062.10 (₹ in lakhs)
- Profit before tax, year-ago quarter3,030.57 (₹ in lakhs)
- Profit before tax, previous quarter2,598.96 (₹ in lakhs)
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