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Lazard quarterly profit jumps 61 pct

April 27 Financial advisory and asset management firm Lazard Ltd reported a 61 percent jump in quarterly profit, helped by growth in its financial advisory and asset management businesses.

Net income attributable to the company rose to $107.6 million, or 81 cents per share, in the first quarter ended March 31, from $66.8 million, or 50 cents per share, a year earlier.

Total revenue rose to $637.4 million from $510.1 million. (Reporting by Nikhil Subba in Bengaluru; Editing by Shounak Dasgupta)

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