Geojit BNP Paribas posts Q2 profit at Rs 20 cr

It consolidated net sales jumped 58 percent at Rs 70.3 crore versus Rs 44.4 crore, Y-o-Y.

Geojit BNP Paribas Financial Services  has turned profitable in the quarter ended September 2014. Consolidated net profit stood at Rs 20 crore as against loss of Rs 94.2 crore in same quarter last year.

Consolidated net sales jumped 58 percent to Rs 70.3 crore versus Rs 44.4 crore year-on-year.

The company has made provision of Rs 128 crore in Q2FY14.

On Friday the share ended at Rs 37.95, down Rs 2.95, or 7.21 percent.

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