Bridge Securities’ Q1 net loss widens

Bridge Securities has reported results for the quarter ended June 30, 2011.

 The company’s net loss for the quarter have widened at Rs 6.56 lakh as compared to loss of Rs 4.15 lakh for the quarter ended June 30, 2010. Its total income has zoomed by 877.22% at Rs 7.72 lakh from Rs 0.79 lakh for the corresponding quarter of the previous year.

The company was established to carry on the business of the business of an Investment Company and to invest in and acquire and hold and otherwise deal in shares stocks debentures debenture-stocks bonds obligations and securities and to carry on the business of a Merchant Banking Underwriting and Share-broking.