Ashish Kacholia stock jumps 12% after reporting 54% YoY increase in net profits
News by Aliceblue News Desk
18 Aug 2025
Introduction
Leading prepaid services provider reported Q1 FY26 net profit of ₹8.64 crore, down 14.9% QoQ but up 43.3% YoY, with revenue at ₹331.96 crore, declining 19.4% sequentially yet rising 31.6% annually.
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Share price movement of Zaggle
On August 18, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹387.00, up 5.37% from its previous close of ₹367.30. The stock touched a high of ₹406.00 (10.55%) and a low of ₹383.25. By 10:07 AM, it traded at ₹397.75, an 8.29% gain, with a market cap not disclosed.
Zaggle Prepaid Ocean Services Limited Q1 FY26 Results
Zaggle Prepaid Ocean Services Limited reported a net profit of ₹8.64 crore for Q1 FY26, marking a 14.9% quarter-on-quarter decline from ₹10.15 crore but a 54.8% year-on-year growth from ₹6.03 crore.
The company’s revenue from operations stood at ₹331.96 crore in Q1 FY26, reflecting a 19.4% sequential drop from ₹412.10 crore in Q4 FY25, but posting a strong 31.6% rise compared to ₹252.20 crore last year.
Total income for the quarter reached ₹343.67 crore, representing a 19.1% decline from ₹424.82 crore in the previous quarter. On a yearly basis, it rose 33.9% against ₹256.72 crore reported in Q1 FY25.
Recent news on Zaggle
As of July 29, 2025, Zaggle Prepaid Ocean Services Ltd announced the acquisition of Bengaluru-based fintech startup Rivpe Technology (Rio.Money) for ₹22 crore, securing full equity and voting rights, expanding into the consumer credit card business.
Ace investor holding in Zaggle
Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 3,003,356 shares valued at ₹120.4 crore.
Stock performance of Zaggle for Period of 1 week, 6 months, and 1 year
Zaggle Prepaid Ocean Services Ltd delivered a -2.26% return over the past week, it gained 8.25% in the past six months. The stock declined -2.08% over the past year.
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Shareholding pattern of Zaggle
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 44.20% | 44.20% | 40.10% |
| FII | 8.50% | 8.40% | 9.20% |
| DII | 10.60% | 13.30% | 14.60% |
| Public | 36.60% | 34.10% | 36.20% |
About Zaggle
Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) is a Hyderabad-based fintech and SaaS company offering innovative financial solutions to manage corporate, SME, and startup business expenses through automated workflows and advanced digital products.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Zaggle Prepaid Ocean Services Limited share price going up today?
A: Zaggle Prepaid Ocean Services Limited reported a Q1 FY26 net profit of ₹8.64 crore, reflecting 54.8% year-on-year growth.
Q: How much stake does Ashish Kacholia hold in Zaggle Prepaid Ocean Services Limited stock?
A: Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Limited, owning 3,003,356 shares valued at ₹120.4 crore.
Q: What is the 52-week high and low of Zaggle Prepaid Ocean Services Limited stock?
A: The 52-week high of Zaggle Prepaid Ocean Services Limited stock is ₹597.00, while the 52-week low is ₹299.00.
News Author
Aliceblue News Desk
