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Kochi, July 29 The net profit of JRG Securities Ltd has grown by 20.9 per cent to Rs 1.57 crore (Rs 1.30 crore) for the first quarter of the fiscal. The gross income rose by 48.74 per cent to Rs 8.92 crore (Rs 5.99 crore). The consolidated net profit of the company rose by 35.8 per cent to Rs 1.94 crore (Rs 1.49 crore). The consolidated gross income has gone up by 44.05 per cent to Rs 14.18 crore (Rs 9.84 crore). The gross income of JRG Wealth Management, the commodities division of the group, has risen by 34.64 per cent to Rs 5.03 crore (Rs 3.73 crore) and the profit after tax rose to Rs 58 lakh (Rs 25 lakh).

Announcing the results of the company, Mr T.M. Venkataraman, Chairman, said that the company was able to maintain sustained growth and momentum in tune with the good market conditions and he expected the growth to continue into the coming months. JRG has over 540 trading centres spread across India, with a major presence in West Asia , headquartered in Dubai.—

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