“The BSE derivatives market share jumped to 14% from less than 1% in the last six month, led by these product launches. Continued growth and improved monetisation will lift the share of derivatives income to 35% of revenues in FY25 as against 2% in 2Q FY24. Derivatives ramp-up is the key driver for recent earnings upgrades and stock performance,” Jefferies said.
Recent acquisitions help shore up Tata Consumer revenue
At 14.9%, the company’s operating profit margin for the quarter was 47 basis points, or 0.47 percentage point, higher than the year-ago level, but it