Capital market research firm CNI Research Ltd today said its net profit jumped over 16-fold to Rs 75.32 lakh for the second quarter ended September 30, 2009.
Total income increased to Rs 82.68 lakh in the quarter ended September, against Rs 10.98 lakh in the same period previous quarter, CNI Research said in a statement.
The board of directors of the company at its meeting held on October 31, has approved the issue of bonus shares to the shareholders in the ratio of 1:1 subject to approval of shareholders, the release added.
