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JRG Securities’ plans

KOCHI: JRG Securities Limited, an equity and commodity brokerage house, has announced its half-yearly results.

The company has posted a net profit of Rs.2.81 crore for the half-year that ended on September 30, 2009, as against a loss of Rs.083 crore in the corresponding period in the previous year. During the second quarter, the company had posted a profit of Rs.1.29 crore, with a book value of Rs.37.5 per share and half year EPS of Rs.1.21 per share.

Rahul Bhasin, chairman of the company, said an ambitious growth plan had been launched and was investing in starting fifty more branches, updating technology infrastructure, recruiting 200 employees, and introducing new products like currency trading.

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