Prime Securities Q1 PAT up at Rs 9.12 cr
Prime Securities Ltd on Thursday reported a three-fold rise in profit after tax at Rs 9.12 crore for the quarter ended June 30, as compared to Rs 3.02 crore in the corresponding quarter in 2005-06.
By PTI |
MUMBAI: Prime Securities Ltd on Thursday reported a three-fold rise in profit after tax at Rs 9.12 crore for the quarter ended June 30, as compared to Rs 3.02 crore in the corresponding quarter in 2005-06.
Consolidated revenues for the first quarter during 2006-07 stood at Rs 13.93 crore as against Rs 3.95 crore in the year-ago period, up over three-fold, Prime Securities informed the National Stock Exchange.
The company said that the robust performance had been possible due to significant deal closures in the areas of private equity and corporate finance and added that institutional brokerage activity had also been very buoyant.
Prime Securities is engaged in trading in equity, merchant banking advisory services, foreign exchange advisory services and equity research.
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