Business Standard

Sunday, December 22, 2024 | 06:38 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Phone-tapping at NSE: Mumbai ex-top cop's firm saw biz dip in recent years

The phone tapping is said to have been illegal, and took place between 2009 and 2017

NSE, national stock exchange, nifty50
Premium

The name’s firm came up during an investigation of the NSE co-location scandal, which involved preferential access to certain brokerages to the exchange servers

Sachin P Mampatta Mumbai
The firm associated with former Mumbai police commissioner Sanjay Pandey has seen a declining revenue since it was said to be engaged in illegal phone-tapping.

The highest revenue iSec Services recorded over the last decade was Rs 4.6 crore in 2012-13. The 2020-21 revenue of Rs 1.6 crore was a 66 per cent drop from then; the firm’s profit was Rs 64 lakh. This is 53 per cent lower than the Rs 1.35-crore profit in 2011-12, the highest over the last 10 years.

The data has been compiled by the company’s financials. Numbers over the last 10 years were included

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in