| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 525.55 | 21.6% | 56.0% |
| Total Income | 534.21 | 21.0% | 56.9% |
| Expenditure | 484.51 | 22.0% | 54.2% |
| PBT | 49.70 | 12.1% | 89.2% |
| Net Profit | 37.06 | 5.9% | 87.7% |
| OPM | 9.93% | 0.24pp | 5.02pp |
| NPM | 6.94% | 0.98pp | 1.14pp |
| EPS | 2.76 | 5.8% | 71.4% |
Zaggle Prepaid Ocean Services Ltd Reports Highest-Ever Quarterly Performance Across All Revenue Streams
12 Feb 2026 · 12 Feb, 4:42 pm
Summary
Zaggle Prepaid Ocean Services Ltd has announced its unaudited Financial Results for the quarter & nine months ended December 31, 2025. The company reported a revenue of INR 4,976.3 million, a YoY growth of 47.9%. The adjusted EBITDA was INR 513 million, and the PAT was INR 360 million, YoY growth of 77.7%. The company has moved from AI-led vision to execution and is expanding platform capabilities globally. Zaggle has completed the acquisition of Greenedge Limited and is finalizing its acquisition of Rio Money.
Key Highlights
- 1
Consecutive high-performance quarter across all revenue streams
- 2
Program fees surpassed INR 2,000 Mn for the first time in history
- 3
9M FY26 PAT surpassed full-year FY25 PAT
- 4
Quarterly EBITDA exceeded 500 Mn, achieving a new milestone
- 5
Increase in depreciation & amortisation driven by capitalisation of new technology and product developments
- 6
Rollout of Agentic AI workflows enhancing automation across various processes
- 7
Strategic focus on expanding platform capabilities globally
- 8
Acquisition of Greenedge Limited enhancing capabilities in the rewards and loyalty sector
- 9
Finalizing acquisition of Rio Money introducing fourth monetization pillar
Management Comments
Raj P Narayanam
This quarter marks our best quarterly and nine-month performance, with strong performance across key metrics. In Q3 FY26, we delivered a topline of INR 4,976 million, 47.9% YoY growth, with adjusted EBITDA of INR 513 million, crossing the INR 500 million mark for the first time in our history. This took our PAT to INR 360 million, YoY growth of 77.7% . In 9MFY26, the company recorded revenues of INR 12,601 million, which is a shade below our annual performance in FY25. However, we were able to surpass FY25 profitability levels owing to margin expansion at both EBTIDA and PAT levels. On the technology front, we have moved from Al-led vision to execution. The rollout of our Agentic Al workflows is already enhancing automation across vendor reconciliations, compliance monitoring, and end-to-end spend approvals.
Informational and educational content only. Not investment advice.