Domestic brokerage firm Religare Enterprises has reported a consolidated profit after tax of Rs 3.67 crore and a revenue of Rs 288.75 crore for the first quarter ended June 30.
The company got listed on the domestic bourses last year only and therefore the figures of the corresponding period in the previous fiscal are not available for comparison.
The company plans to create an integrated business model not just in India but also globally, the company said in a statement.
During the financial year ended March 31, 2008, Religare Enterprises reported a PAT of Rs 91.97 crore and a total income of Rs 896.51 crore.
In May, Religare Capital Markets, the wholly-owned subsidiary of Religare Enterprises, had acquired a 97.76 per cent stake in UK-based brokerage firm Hichens Harrison & Co Plc for about 55.5 million pounds.
"This acquisition will give Religare a foothold in close to a dozen countries and well help to create an international distribution network for Religares domestic institutional business," Religare Enterprises CEO & Managing Director Sunil Godhwani said
During the quarter Religare Capital Markets Ltd has applied for a fresh broking licence for trading-cum-clearing member in cash segment of NSE and BSE and F&O segment of NSE, the statement added.
Shares of Religare closed at Rs 386.55, up 1.56 per cent, on the Bombay Stock Exchange.
