Zaggle Prepaid Ocean Services’s stock jumped 2% in early trading following impressive Q2 financial results.
The company reported a three-fold increase in consolidated net profit, reaching Rs 20.3 crore for the September quarter, a significant jump from Rs 7.62 crore in the same period last year.
Revenue from operations also grew substantially, rising 64.22% year-on-year to Rs 302.5 crore, compared to Rs 184.2 crore in the previous year.
As of 9:16 pm, Zaggle Prepaid shares were trading 2.74% higher at Rs 424.60 on the NSE.
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