Hyderabad: Spend management player Zaggle Prepaid Ocean Services Ltd has posted a 30% jump in profit after tax at nearly Rs 41 crore in the fourth quarter ended March 31, 2026, from around Rs 31 crore in the same quarter of financial year 2024-25. This was on a 50% rise in revenues for Q4FY26 at Rs 618 crore from Rs 412 crore in Q4FY25.
Strong Annual Performance
For the financial year 2025-26, the company's PAT soared nearly 52% to around Rs 139 crore from Rs 91 crore in FY25 on a 46% increase in revenues for the fiscal year at Rs 1908 crore, marking the first time revenues crossed the Rs 1900 crore mark, as against Rs 1303 crore in FY25.
Key Drivers of Growth
The company attributed this success to strategic acquisitions and its continued investment in AI and automation technologies, which enhanced operating efficiency and profit margins. The integration of Greenedge Enterprises and Rivpe Technology (rebranded as Zagg.Money) strengthened its consumer fintech ecosystem and expanded monetisation opportunities, it added.
Management Commentary
Zaggle founder and executive chairman Dr Raj P Narayanam said FY26 marks a defining year for the company as it delivered its strongest-ever performance. “Our platform scale, AI-led automation, and expanding ecosystem are translating meaningfully into the P&L. As we enter FY27, Zaggle is well-positioned for sustained growth and profitability,” he added.
About the Author
Swati Bharadwaj is a business journalist with 30 years of experience covering a host of sectors – right from technology, GCCs, talent, cybersecurity, pharma & biotech, aerospace & defence, BFSI, gems & jewellery to automotive, hospitality, infrastructure, retail, among others. She has worked with TOI and ET across multiple cities such as Hyderabad, Bengaluru, Pune and Ahmedabad.
