At the operating level, EBITDA before ESOP improves to Rs 84 crore, with margins at 4%, driven by increase in contribution margin and operating leverage. Revenue from payments business is up 31% YoY to Rs 1,414 crore in the quarter
High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey
A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.