Zaggle Q3 Profit Jumps 30% to Rs 19.7 cr - Revenue Rises
Zaggle Prepaid Ocean Services reports a 29.6% rise in Q3 profit to Rs 19.7 cr, with revenue surging 68.8% year-on-year. Read more about Zaggle's financial performance.
New Delhi, Feb 7 (PTI) Fintech and SaaS (software-as-a-service) solutions provider Zaggle Prepaid Ocean Services on Friday reported a 29.6 per cent increase in consolidated profit after tax to Rs 19.7 crore in the October-December quarter.
It had posted a PAT (profit after tax) of Rs 15.2 crore in the year-ago period.
On a sequential basis, PAT slipped 2.47 per cent.
Revenue from operations for Q3 FY25 came in at Rs 336.8 crore, a 68.8 per cent uptick from Rs 199.5 crore in the year-ago quarter.
Revenue increased 11.3 per cent quarter-on-quarter.
"For FY25, we are confident of achieving a 58-63 per cent growth in our topline. We are also evaluating inorganic growth opportunities to expedite this growth and the discussions are at advanced stages," said Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid Ocean Services.
It had posted a PAT (profit after tax) of Rs 15.2 crore in the year-ago period.
On a sequential basis, PAT slipped 2.47 per cent.
Revenue from operations for Q3 FY25 came in at Rs 336.8 crore, a 68.8 per cent uptick from Rs 199.5 crore in the year-ago quarter.
Revenue increased 11.3 per cent quarter-on-quarter.
"For FY25, we are confident of achieving a 58-63 per cent growth in our topline. We are also evaluating inorganic growth opportunities to expedite this growth and the discussions are at advanced stages," said Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid Ocean Services.
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