Zaggle Prepaid Ocean Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Zaggle Prepaid Ocean Services Ltd reported a 28.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 43.1%.
• Its expenses for the quarter were up by 28.3% QoQ and 41.6% YoY.
• The net profit increased 34.0% QoQ and increased 72.4% YoY.
• The earnings per share (EPS) of Zaggle Prepaid Ocean Services Ltd stood at 2.6 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Zaggle Prepaid Ocean Services Ltd is a company that operates in the financial technology sector, focusing on providing prepaid card services. The company offers a range of products that cater to both corporate and individual clients, including expense management solutions and gift card programs. As a player in the fintech industry, Zaggle Prepaid Ocean Services Ltd leverages technology to enhance its service offerings, aiming to streamline financial operations for its users. Recent developments in the company are not specified, but its financial performance indicates a robust growth trajectory.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Zaggle Prepaid Ocean Services Ltd reported a total income of ₹441.45 crores. This represents a significant quarter-over-quarter (QoQ) increase of 28.5% from the previous quarter's income of ₹343.67 crores. Additionally, there is a notable year-over-year (YoY) growth of 43.1% compared to the total income of ₹308.57 crores reported in Q2FY25. These figures highlight a substantial increase in revenue generation, reflecting the company's expanding business operations and market reach.

Profitability

The company's profitability has shown a positive trend, with the profit before tax (PBT) for Q2FY26 recorded at ₹44.35 crores. This marks a 30.1% increase QoQ from ₹34.10 crores in Q1FY26 and a 58.0% increase YoY from ₹28.07 crores in Q2FY25. After accounting for taxes, the profit after tax (PAT) for the same period stands at ₹34.98 crores, up by 34.0% QoQ from ₹26.10 crores and a significant 72.4% YoY increase from ₹20.29 crores. The earnings per share (EPS) also reflect this growth, reaching ₹2.60 in Q2FY26, compared to ₹1.94 in Q1FY26 and ₹1.65 in Q2FY25, exhibiting a 34.0% QoQ and 57.6% YoY rise. These metrics indicate a strong financial performance in terms of profitability.

Operating Metrics

Total expenses for Zaggle Prepaid Ocean Services Ltd in Q2FY26 amounted to ₹397.10 crores, which is a 28.3% increase QoQ from ₹309.57 crores in Q1FY26 and a 41.6% increase YoY from ₹280.50 crores in Q2FY25. The tax paid for the quarter was ₹11.22 crores, showing a 29.9% increase from ₹8.64 crores in the previous quarter and a 43.7% increase from ₹7.81 crores in the same quarter last year. The upward trend in both income and expenses suggests an expansion in operations, although specific operating metrics like P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data. Nonetheless, the available financial data underscores the company's efficient management of its operational costs alongside revenue growth.