Securities and Exchange Board of India had asked exchanges to scrap the practice of giving incentives to brokers based on the traded volumes from October 1 last year. While the move was aimed at boosting transparency, brokers said it has eroded profits-particularly of firms that thrived on high-volume trading and razor-thin margins.
Coffee Day Enterprises Q4 Results: Company narrows loss to Rs 114 crore, revenue up 7%
Coffee Day Enterprises Ltd. significantly reduced its consolidated net loss to Rs 114.16 crore in Q4 FY25, compared to Rs 296.40 crore in the previous