Published On: Wednesday, May 12, 2021 | By: Team KnowMyStock
Crisil believes the industry may see moderate revenue growth as market volatility and phased implementation of new margin regulations could be a drag on incremental volume growth in the current fiscal (FY22). The new client additions, the agency says, are not translating into higher revenues for the industry. During the December quarter, the broking revenue de-grew by 1-8 per cent on a sequential basis.
"Performance in the December quarter shows signs of fatigue creeping in, with most broking entities registering on-quarter de-growth in revenue , despite continued record client additions," according to Crisil.
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