Geojit Q4 net drops 61% on weak topline; FY11 net down 38%
Retail broking firm Geojit BNP Paribas’ fourth quarter (January-March) net profit fell 61% year-on-year to Rs 2.11 crore, on the back of a 5% drop in revenues to Rs 58.56 crore, reflecting individual investors’ apathy to the stockmarket. For the full year, revenues were down 8% to Rs 256.3 crore and net profit by 38% to Rs 28.39.
April 13, 2011 / 12:01 IST
Retail broking firm Geojit BNP Paribas
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