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Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64%

Business Standard LogoBusiness Standard1w ago

Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64% - Business Standard

Quick Summary:

Zaggle's consolidated profit rose 145 per cent to Rs 18.56 crore as compared to Rs 7.

The company's stock was in demand after it reported a 145 per cent increase in Q2FY25 profit.

ALSO READ: Zaggle Q2FY25 results: Net profit jumps to Rs 20 cr, revenue at Rs 302.  Recently, the company's board approved fund raising of up to Rs 950 crore via qualified institutional placement.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 11:47:30 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23580847

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 251 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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