Q1 Results Today: Indo-MIM Profit Rises 31.6%; Zaggle Shares Hit Lower Circuit After Earnings

Indo-MIM and Zaggle Prepaid Ocean Services are in focus following their latest quarterly developments. Indo-MIM reported higher consolidated revenue and profit for the first quarter, while Zaggle shares came under heavy selling pressure after the fintech company’s quarterly numbers failed to meet investor expectations.

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Indo-MIM Q1 Results

Indo-MIM reported a 31.6% year-on-year increase in consolidated profit for the first quarter to ₹240.1 crore, compared with ₹182.4 crore in the corresponding quarter a year earlier.

Consolidated revenue also increased during the period. Revenue rose 9.4% year-on-year to ₹1,218.7 crore from ₹1,114.1 crore in the same quarter last year.

The company therefore recorded growth in both the top and bottom lines during the quarter, with profit expanding at a faster pace than revenue.

Investors tracking the Indo-MIM share price will have the latest quarterly figures in focus as the company reports its first-quarter performance.

Zaggle Shares Hit Lower Trading Limit

Shares of Zaggle Prepaid Ocean Services fell sharply on Monday following the company’s quarterly results, touching the lower trading limit for the session and marking a new 52-week low.

The stock closed at ₹160.48 on Monday, down 20%. The decline came as the fintech company’s quarterly performance disappointed investors.

The broader market also ended lower, although the fall was considerably smaller. The Nifty 50 declined 0.3%, while the Nifty 500 ended 0.1% lower during the session.

Zaggle Stock Performance

The latest fall has added to the stock’s decline during 2026. Zaggle shares are now down 53.8% so far this year, compared with a 1.4% decline in the Nifty 500 over the same period.

The sharp difference between the stock’s year-to-date movement and the broader benchmark has kept the Zaggle share price under close watch following the quarterly update.

The company’s shares reached their fresh 52-week low on Monday as selling intensified after the earnings announcement.

Stocks In Focus After Q1 Updates

The two companies presented contrasting developments from the latest quarterly reporting cycle. Indo-MIM recorded a 31.6% rise in consolidated profit along with a 9.4% increase in revenue, while Zaggle’s results were followed by a steep decline in its stock.

For investors tracking the Indo-MIM share price, the quarterly figures provide the latest reported financial performance against the year-ago period. Zaggle’s market performance, meanwhile, reflects the immediate reaction in its shares after the earnings update.

The companies’ latest results and the subsequent movement in their shares will remain relevant as the market continues to assess first-quarter corporate earnings.