Quarterly Result14 Aug 2025, 04:20 pm
Zaggle Prepaid Ocean Services Ltd Reports 31.4% YoY Growth in Q1FY26 Revenues
AI Summary
Zaggle Prepaid Ocean Services Limited, a SaaS fintech player, has announced its unaudited Financial Results for the quarter ended June 30, 2025. The company reported revenues of INR 3,314.9Mn, a 31.4% YoY growth, along with an adjusted EBITDA margin of 9.9% and a PAT margin of 7.8%. The company serves more than 3.39 million users and has issued over 50 million prepaid cards in partnership with banking partners. Zaggle is optimistic about its topline growth for the year, expecting it to be in the range of 35% to 40% with EBITDA margins projected between 10% and 11%.
Key Highlights
- Q1FY26 revenues reached INR 3.314.9 Mn, a 31.4% YoY growth
- Adjusted EBITDA margin of 9.9% and a PAT margin of 7.8%
- More than 50 million prepaid cards issued in partnership with banking partners
- Expecting topline growth for the year to be in the range of 35% to 40%
- EBITDA margins projected between 10% and 11%