Zaggle Prepaid Ocean Services Limited announced its audited financial results for the quarter and year ended March 31, 2026, during its board meeting on May 13, 2026. The company reported a significant growth in its consolidated performance, with revenue from operations reaching ₹6,179.16 million for the quarter, compared to ₹5,255.49 million in the previous quarter and ₹4,121.07 million in the same quarter last year. The consolidated profit after tax for the quarter stood at ₹406.04 million, showing an increase from ₹363.89 million in the preceding quarter and ₹311.39 million in the corresponding quarter of the previous year. This performance reflects a 17.58% increase in revenue on a quarter-on-quarter (QoQ) basis and a 49.94% increase on a year-on-year (YoY) basis. Similarly, the profit after tax grew by 11.58% QoQ and 30.40% YoY.

Financial MetricCurrent Quarter (Mar 31, 2026)Previous Quarter (Dec 31, 2025)% Change (QoQ)Corresp. Quarter (Mar 31, 2025)% Change (YoY)
Revenue (in Millions)6,179.165,255.4917.58% Increase4,121.0749.94% Increase
Profit After Tax (in Millions)406.04363.8911.58% Increase311.3930.40% Increase

Zaggle Prepaid Ocean Services Limited, incorporated in 2011, is a leading SaaS fintech player in India specializing in spend management solutions. The company operates in the B2B2C segment, offering a diversified portfolio of financial technology products, including prepaid cards, tax and payroll software, and reward platforms like “Propel”. Throughout 2025, Zaggle expanded its ecosystem through strategic moves, such as entering a five-year contract with Mastercard in September 2025 and establishing partnerships with major entities like HDFC Bank and AU Small Finance Bank. The company also focused on inorganic growth, completing the acquisition of Greenedge Limited and finalizing investments in companies like Rio Money and EffiaSoft to enhance its consumer fintech and reward capabilities. Significant institutional investors in the company as of 2025 included ICICI Prudential Asset Management and the Bank of India Mutual Fund.

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