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Tuesday, December 24, 2024 | 09:31 AM ISTEN Hindi

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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
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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

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