ResultsBusinessLine
Zaggle Q2FY27 net profit declines 24% to Rs 25 crore
Negative-66Company event
GreyOak summary
Zaggle Prepaid Ocean Services Ltd reported a 24% year-on-year decline in Q2FY27 net profit to Rs 25 crore from Rs 33 crore. The drop was driven by lower other income and higher total expenses, despite a 25% rise in revenue from operations. The company utilized funds from a QIP for borrowings and strategic investments, including acquiring a stake in Unobanc.
What it affects
- Zaggle Prepaid Ocean ServicesZAGGLENegative -66
Net profit declined 24% to Rs 25 crore.Rolling sentiment Negative -55
Source
Read the original at BusinessLineMore Zaggle Prepaid Ocean Services news
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