Zaggle share price, Feb. 11 -- Shares of Zaggle Prepaid Ocean Services were locked in the 10% lower circuit limit for the second consecutive session on Tuesday, February 11, following the company's third-quarter results (Q3).
The company reported its Q3 FY25 earnings on Friday evening, post-market hours, wherein it posted growth in both revenue and profitability. However, a sharp jump in the company's expenses during the quarter soured investor sentiment towards the stock, leading to a sharp selloff.
Zaggle Prepaid reported the highest-ever quarterly revenue of Rs.336 crore in Q3 FY25, a growth of 68.6% year-on-year (YoY). Meanwhile, its profit after tax rose 33% YoY to Rs.20 crore.
Operating performance was also strong, with EBITDA at...
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