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Geojit Financial Services LimitedResults, 19-03-2025: Reply to Clarification- Financial results

19-03-2025 · 03:16 pm

Geojit Financial Services has clarified a filing error regarding its consolidated financial statements for the quarter ending December 31, 2024. The company had initially selected the wrong dropdown option, categorizing the results under Non-Banking IndAS instead of NBFC IndAS. The corrected filings have been resubmitted. This adjustment reflects the company’s diligence in ensuring accurate reporting, which is crucial for maintaining investor confidence. The amendment is expected to have a neutral impact on sentiment, as it demonstrates a commitment to compliance and transparency in financial reporting.

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