Geojit BNP Paribas Financial Services Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 12, 2013 at 04:04 am EST
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Geojit BNP Paribas Financial Services Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on consolidated basis, the company reported total income from operations of INR 623.6 million compared to INR 513.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 158.7 million compared to INR 25.6 million a year ago. Profit from ordinary activities before tax was INR 205.4 million compared to INR 87.5 million a year ago. Net profit for the period was INR 129.9 million compared to INR 43 million a year ago. Basic and diluted EPS was INR 0.57 compared to INR 0.19 a year ago.
For the nine months, on consolidated basis, the company reported total income from operations of INR 1,745.5 million compared to INR 1,601.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 365.9 million compared to INR 62 million a year ago. Profit from ordinary activities before tax was INR 886.9 million compared to INR 275.8 million a year ago. Net profit for the period was INR 667.7 million compared to INR 146.6 million a year ago. Basic and diluted EPS was INR 2.92 compared to INR 0.64 a year ago.
For the quarter, on standalone basis, the company reported total income from operations of INR 518.4 million compared to INR 451.5 million a year ago. Profit before tax was INR 143.1 million compared to INR 69.5 million a year ago. Profit from operations before other income and finance costs was INR 91 million compared to INR 26.8 million a year ago. Net profit was INR 97.5 million against INR 49.9 million reported a year ago. Basic and diluted EPS was INR 0.43 compared to INR 0.22 a year ago.
For the nine months, on standalone basis, the company reported total income from operations of INR 1,459.9 million compared to INR 1,415.7 million a year ago. Profit before tax was INR 393.4 million compared to INR 355.9 million a year ago. Profit from operations before other income and finance costs was INR 191.9 million compared to INR 67.3 million a year ago. Net profit was INR 277.9 million against INR 290.6 million reported a year ago. Basic and diluted EPS was INR 1.22 compared to INR 1.27 a year ago.
Geojit Financial Services Limited is an India-based investment services company, with a presence in the Gulf Cooperation Council (GCC). The Company provides a full range of investment solutions. Its products and services include portfolio management services (PMS), financial planning services, broking services, distribution of investment products and insurance products, and a hybrid access model. Its PMS offers specialized investment solutions, which include Advantage Portfolio, Freedom Portfolio and Dakshin Portfolio. STEPS, the financial planning division of the Company, provides professional consultations on personal finance planning, investment analysis, retirement planning, tax planning, and investor education. Its broking services include online and offline broking, advanced trading platforms and additional services. It leverages its distribution capabilities to offer a range of third-party financial products across various asset classes, including mutual funds and insurance.
Geojit BNP Paribas Financial Services Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012