Zaggle Prepaid shares soar 7.5% as net profit more than doubles in Q4
Zaggle Prepaid Ocean Services also recorded its highest ever net profit and revenue in the January-March quarter.
Source: moneycontrol.com
Rajp Narayanam News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Rajp Narayanam. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Rajp Narayanam Today - Breaking & Trending Today
Fintech Zaggle's FY24 revenues up 40%, profits nearly double to Rs 44 Cr
In the last quarter of FY24, Zaggle reported its highest-ever quarterly revenue at Rs 273 crore while profit was up 154% year-on-year.
Source: yourstory.com
Zaggle Prepaid Ocean Services' Remarkable Surge: Doubling Profits and Expanding Horizons
Zaggle Prepaid Ocean Services reported a consolidated net profit of Rs 19.15 crore in Q4 FY24, more than doubling from Rs 7.56 crore a year ago. Operating revenue rose 46%, driven by higher interest income post-IPO. For FY24, profit jumped 92% and revenue grew by 40.13%.
Source: devdiscourse.com
From A Flat IPO Debut To Nearly 2X Share Price: What Is Zaggle Getting Right?
Zaggle, a decade-plus old B2B SaaS fintech company made a flat IPO debut in September 2023. Seven months later, the company that has been profitable for the last four years is close to doubling its share price. What explains the heady jump?
Source: forbesindia.com
New card offerings, lower finance cost drive Q3 revenue growth, says Zaggle chairman
The fintech player, which provides spend management products and solutions, also said that its recent Rs 200 crore deal with Torrent Gas Ltd offers significant volume and margin potential.
Source: moneycontrol.com