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Geojit BNP Paribas Q3 PAT at 15.75 crore

Geojit BNP Paribas Logo
Geojit BNP Paribas Logo
PRLog - Jan. 15, 2014 - Geojit BNP Paribas Financial Services announced on 14 January 2014 its third quarter results for the fiscal year 2013-14, following the meeting of its Board of Directors at Kochi. For the quarter ended 31st December, 2013, the consolidated income has come down by 8% from Rs 67.75 crore to Rs 62.02 crore, compared to the same period last year. However, the Profit Before Tax (PBT) for the comparable period has increasedby9 % from Rs 20.54 crore to Rs 22.41 crore.Profit After Tax (PAT) for the comparable period has increasedby 21% from Rs 12.99 crore to Rs 15.75 crore. During this quarter, the company’s Assets under Custody and Management crossed Rs. 15,000 crore mark for the first time.

Speaking about the results, Managing Director of Geojit BNP Paribas, C. J. George said, “The improvement in market volumes, increase in software export revenue and tight control of costs during the third quarter helped increase the profit. During this quarter, the company added 10,000 new customers.”

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Source:Prana PR Pvt. Ltd.
Industry:Business, Finance
Tags:quarter results
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