Mumbai-based Zaggle Prepaid Ocean Companies profit progress outpaced revenue within the third quarter ended December 31, 2025. The spend administration platform posted a profit after tax of ₹36 crore, up 77.7 per cent year-on-year, whereas revenue grew 47.9 per cent to ₹497.6 crore.
The corporate crossed ₹50 crore in quarterly adjusted EBITDA for the primary time, reaching ₹51.3 crore. For the nine-month interval, Zaggle’s profitability exceeded full-year FY25 ranges regardless of marginally decrease revenues, indicating substantial margin enlargement.
Founder and Government Chairman, Dr. Raj P Narayanam, highlighted the deployment of agentic AI workflows throughout reconciliations, compliance, and spend approvals. The board accepted establishing Zaggle Funds IFSC Ltd in GIFT Metropolis to strengthen international cost capabilities, alongside plans for a UAE entity in Abu Dhabi concentrating on enlargement in West Asia.
Zaggle accomplished acquisition of Greenedge to improve rewards and loyalty choices and is finalising the Rio Cash acquisition, now rebranded as Zagg.Cash. The brand new platform targets over 3.7 million salaried customers with a ₹500-crore revenue ambition.
Based in 2011, Zaggle operates a B2B2C spend administration platform and ranks amongst India’s prime pay as you go card issuers with 19 banking partnerships. As of December 31, 2025, the corporate had issued over 50 million pay as you go playing cards serving 3.7 million customers throughout a number of industries.
The shares of Zaggle Prepaid Ocean Companies Ltd ended at ₹304.50 on the NSE as we speak, up by ₹7.50 or 2.53 per cent.
Printed on February 12, 2026
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