Zaggle Prepaid Reports 30% Year-on-Year Profit Growth in Q4 FY26
Zaggle Prepaid Q4 PAT climbs 30% YoY to Rs 41 cr
Business Standard
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Zaggle Prepaid Ocean Services reported a 30.42% increase in consolidated net profit to ₹40.60 crore for Q4 FY26, driven by a 49.94% rise in revenue to ₹671.91 crore. The company anticipates a consolidated revenue growth of around 40% for FY27, bolstered by strategic acquisitions and expansion plans.
- 01Consolidated net profit rose by 30.42% to ₹40.60 crore in Q4 FY26.
- 02Revenue from operations increased by 49.94% to ₹671.91 crore.
- 03Adjusted EBITDA improved by 62.4% to ₹60.46 crore.
- 04Zaggle plans to achieve 40% consolidated revenue growth in FY27.
- 05The company has made strategic acquisitions to enhance its product ecosystem.
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Zaggle Prepaid Ocean Services has reported a 30.42% increase in consolidated net profit, reaching ₹40.60 crore for the fourth quarter of FY26, compared to the same period last year. Revenue from operations surged by 49.94% to ₹671.91 crore, reflecting strong business growth. The profit before tax also saw a significant rise of 31.96%, totaling ₹54.46 crore. Total expenses increased by 43.89% to ₹549.77 crore, while the cost of point redemption decreased by 36.17% to ₹221.61 crore. Adjusted EBITDA for the quarter stood at ₹60.46 crore, marking a 62.4% year-on-year increase, with the EBITDA margin improving to 9.8% from 9% in the previous year.
For the entire fiscal year, Zaggle achieved a topline revenue of ₹1,907.6 crore (up 46.3% YoY) and a profit after tax of ₹138.8 crore (up 51.8% YoY). The company has made strategic moves, including acquisitions and entering the consumer retail credit card market, to enhance its growth platform. Looking ahead, Zaggle projects standalone revenue growth of 25-30% and consolidated revenue growth of around 40% for FY27, driven by AI product development and market expansions into the MENA and US regions.
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Zaggle's growth indicates a positive trend in the digital payments and spend management sectors, potentially leading to more job opportunities and enhanced services for consumers.
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