NSE expects high profit margins to sustain as it adds products, investors and geographies: MD
New Delhi, Sept. 15 -- National Stock Exchange (NSE) Managing Director and CEO Ashish Kumar Chauhan said the exchange expects to maintain its high profit margins as it expands its product offerings, reaches more investors and explores newer geographies.
In an exclusive conversation with ANI, Chauhan said NSE has maintained strong profitability over the past several years, with its EBITDA margin remaining around 77-79 per cent and post-tax profit margin at around 55-57 per cent.
"Broadly speaking, over the last several years NSE has been running EBITDA margins of around 77 to 79 per cent, which converts into post-tax profits of around 55 to 57 per cent," Chauhan said.
He attributed the high margins primarily to the platform-based nature...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.