The profit after tax dropped to Rs 18.34 crore in Q1 FY09 as against Rs 19.15 crore in the corresponding period last year, a company release said here.
The total income stood at Rs 129.82 crore during the quarter ended June 30 as compared to Rs 125.81 crore in the year-ago period, it said.
JM Financial offers a wide range of capital market services to its corpoprate and individual clients.
Its businesses include investment banking, trading, instituional equity sales, research and broking, private and corporate wealth management, equity broking, portfolio management and asset management.
