Brokerage firm Geojit Financial Services Ltd on Monday (October 20) reported a 59% year-on-year decline in net profit to ₹23.5 crore for the second quarter ended September 2025, compared with ₹57.4 crore in the same period last year.

Revenue for the quarter fell 22% to ₹169.8 crore from ₹218.4 crore in the year-ago period.

Also, Geojit Financial Services announced the retirement of A. Balakrishnan, Executive Director, from the board of directors of the company. Balakrishnan is retiring as Executive Director of Geojit Financial Services effective 20th October 2025, after serving the company for over twenty-seven years.

Also Read: Geojit Financial Services Q1 net profit slides 37% to ₹29 crore

He has been an integral part of Geojit’s leadership team since its early years and was inst

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