Zaggle Prepaid Ocean Services Ltd Q3 FY25 Results
ZAGGLEQ3 FY25 ResultsAnnounced 7 Feb 2025, 04:31 pm| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 336.89 | 11.3% |
| Total Income | 340.41 | 10.3% |
| Expenditure | 314.14 | 12.0% |
| PBT | 26.27 | 6.4% |
| Net Profit | 19.74 | 2.7% |
| OPM | 4.91% | 0.84pp |
| NPM | 5.80% | 0.77pp |
| EPS | 1.61 | 3.0% |
Zaggle Prepaid Ocean Services Limited Reports Highest Ever Quarterly & Nine-Monthly Performance in Revenue, Adjusted EBITDA and PAT
07 Feb 2025 · 7 Feb 2025, 10:08 pm
Summary
Zaggle Prepaid Ocean Services Limited, a SaaS fintech player, has announced its unaudited Financial Results for the quarter & nine months ended December 31, 2024. The company reported a topline of INR 3,364 Mn in Q3FY25, growing by 69% YoY. The adjusted EBITDA stood at INR 315 Mn, increasing by 38% compared to Q3FY24. The PAT increased by 33% YoY to INR 202 Mn.
Key Highlights
- 1
Highest ever quarterly & nine-monthly performance in Revenue, Adjusted EBITDA and PAT
- 2
Successfully completed QIP of Rs. 5,950 Mn for inorganic expansion
- 3
Signed a 3-year partnership with HDFC Bank for credit card solution
- 4
Stitched a long-term referral partnership program with Mastercard
- 5
Confident of achieving a 58-63% growth in topline for FY25
Management Comments
Raj P Narayanam
Founder and Executive Chairman, Zaggle Prepaid Ocean Services Limited
This has been a milestone quarter for us with our highest ever quarterly & nine monthly performance, in terms of Revenue, Adjusted EBITDA and PAT. During Q3FY25, the company delivered a topline of INR 3,364 Mn, growing by 69% YoY basis, adjusted EBITDA of INR 315 Mn, increasing by 38% compared to Q3FY24. The Adjusted EBITDA margins stood at 9.4%. The PAT increased by 33% YoY to INR 202 Mn.
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