Latest News | Zaggle Q3 Profit Jumps 30 Pc to Rs 19.7 Cr; Revenue Rises Manifold
Get latest articles and stories on Latest News at LatestLY. 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.
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.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)