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Zaggle Prepaid Ocean Services' revenue increased 33.9% YoY
  • 15 Aug 2025
  • Zaggle Prepaid Ocean Services Ltd reported a 23.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 33.9%.
  • Its expenses for the quarter were up by 22.8% QoQ and 32.3% YoY.
  • The net profit increased 36.2% QoQ and increased 56.0% YoY.
  • The earnings per share (EPS) of Zaggle Prepaid Ocean Services Ltd stood at 1.94 during Q1 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Zaggle Prepaid Ocean Services Ltd operates within the financial technology industry, specializing in providing prepaid card services, expense management, and gifting solutions. The company is known for its innovative approach to digital payments and financial management, catering to both corporate clients and individual consumers. As a fintech firm, Zaggle focuses on leveraging technology to offer streamlined solutions for expense management and corporate gifting, aiming to enhance operational efficiency and customer satisfaction. Recent major developments, if any, are not provided in the data, so further specifics about the company's recent strategic initiatives are not available in this context.

In the first quarter of the fiscal year 2026 (Q1FY26), Zaggle Prepaid Ocean Services Ltd reported a total income of ₹343.67 crores. This represents a significant increase from the previous quarter (Q4FY25), where the total income was ₹278.05 crores, reflecting a quarter-over-quarter (QoQ) growth of 23.6%. Additionally, when compared to the first quarter of the fiscal year 2025 (Q1FY25), where the total income was ₹256.72 crores, there is a year-over-year (YoY) increase of 33.9%. These figures indicate a robust growth trajectory in the company's revenue streams over both the quarterly and annual periods under review.

The profitability of Zaggle Prepaid Ocean Services Ltd has shown a positive trend in Q1FY26. The profit before tax (PBT) for this quarter was ₹34.10 crores, compared to ₹25.96 crores in Q4FY25, marking a QoQ growth of 31.4%. YoY, the PBT increased by 49.8% from Q1FY25, where it stood at ₹22.76 crores. The profit after tax (PAT) followed a similar upward trend, with a figure of ₹26.10 crores in Q1FY26, up from ₹19.16 crores in Q4FY25, showing a QoQ increase of 36.2%. Compared to Q1FY25, where the PAT was ₹16.73 crores, the YoY growth is 56.0%. The company's earnings per share (EPS) also rose from ₹1.56 in Q4FY25 to ₹1.94 in Q1FY26, representing a QoQ growth of 24.4%, and a YoY increase of 42.6% from ₹1.36 in Q1FY25.

The total expenses reported by Zaggle Prepaid Ocean Services Ltd in Q1FY26 were ₹309.57 crores, which is an increase from ₹252.09 crores in Q4FY25, showing a QoQ growth of 22.8%. When compared to Q1FY25, where the expenses were ₹233.97 crores, there is a YoY increase of 32.3%. The tax expense for Q1FY26 was ₹8.64 crores, up from ₹6.80 crores in Q4FY25, marking a quarter-over-quarter growth of 27.1%, and showing a year-over-year increase of 43.0% from ₹6.04 crores in Q1FY25. These metrics reflect the company's increased operational scale and the corresponding rise in tax liabilities associated with higher profitability.