Geojit Financial Services announced that the net profit after tax for the year ended March 31, 2009 dropped 31.46% to Rs.40.20 crore from Rs.58.66 crore in the previous year. The revenues fell to Rs.191.38 crore from Rs.238.31 crore in the year ago

The company reported net loss from ordinary activity after tax of Rs.10.76 crore in the quarter ended March 31, 2009 compared to net profit after tax of Rs.11.82 crore in the year ago quarter. Revenues declined to Rs.48.80 crore from Rs.64.08 crore in the previous year.

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