Economic TimesLean R·
Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
Shares of spend management solutions provider Zaggle Prepaid Ocean Services tanked 20% to Rs 160.45, hitting the lower circuit on the BSE on Monday, after the company reported a 32.9% year-on-year decline in profit after tax to Rs 17.53 crore for the June quarter of FY27, from Rs 26.11 crore in the corresponding quarter of the previous year.Revenue from operations rose 27.5% year-on-year to Rs 423.27 crore from Rs 331.97 crore in the same quarter last year, according to a regulatory filing. Adj…
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