New Delhi, Apr 30 (PTI) Geojit Financial Services on Tuesday reported a 73 per cent rise in profit after tax to Rs 52 crore in the March quarter.

The company had recorded a profit after tax of Rs 30 crore in the year-ago period.

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In the fourth quarter of the last financial year, the firm's consolidated revenue rose 79 per cent to Rs 209 crore. It was at Rs 117 crore a year ago, according to a release.

For fiscal 2023-24, its profit after tax jumped 48 per cent to Rs 149 crore.

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At the end of March, the company's assets under custody and management stood at Rs 93,000 crore.

The board of the company has also approved an investment of up to USD 1 million to establish an entity in Dubai International Financial Centre (DIFC) for expanding capital market business.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)