Expect Double Digit Operating Margin in 3 Years: Majesco
Farid Kazani, managing director at Majesco, the insurance subsidiary of Mastek, told NDTV that they will be investing around 10-12 per cent of their revenue every year in developing the insurance products platform for next two years. After two years the EBITDA (operating profit) margin will be around 13 per cent from the insurance business, he added.
