New Delhi, Feb. 13 -- Zaggle Prepaid Ocean Services, a SaaS fintech company, saw its share price crash 5% in intraday trade on Friday, February 13, to reach the day's low of Rs.289.50 apiece. The fall came even after the company reported strong performance across metrics for the December-ending quarter.
The company, on Thursday, reported a net profit of Rs.36 crore, marking a 77.7% YoY growth compared to Rs.20 crore in the year-ago quarter. Revenue from operations surged to Rs.497.6 crore from Rs.336 crore in Q3FY25, reflecting an improvement of 48%, driven by higher transaction volumes.
The company said its program fees surpassed Rs.200 crore for the first time in its history.
During the quarter, operating expenses soared to Rs.457 cr...
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