Despite the Increase in Q3 PAT, the Share Price of Zaggle Prepaid Drops 10%
Shares of Zaggle Prepaid Ocean Services dropped 10% to ₹424.30 on Q3FY25 earnings, which revealed robust revenue growth but increasing operating costs. Despite a 72% YoY expenditure rise, the business reported record revenue of ₹336 crores, driven by increasing program fees and customer spending. Following the reporting of the business’s December quarter performance, shares of…