IT Software Products company Zaggle Prepaid Ocean Services announced Q2FY26 results Revenue from operations: Rs 4,309.8 million against Rs 3,025.6 million during Q2FY25, change 42.4%. EBITDA: Rs 437.3 million against Rs 295.2 million during Q2FY25, change 48.1%. EBITDA Margin: 10.1% for Q2FY26. PAT: Rs 332.4 million against Rs 185.6 million during Q2FY25, change 79.1%. PAT Margin: 7.7% for Q2FY26. Raj P Narayanam, Founder & Executive Chairman, ZagglePrepaid Ocean Services, said: “Since our listing two years back, we continue to deliver upon our guidance, and our current resultsare no exception, where we delivered our best-ever half-yearly and quarterly performance acrossparameters. We achieved substantial half-yearly revenue of Rs 7,625 million and an adjusted EBITDAmargin of 10.0%. During Q2FY26, the company achieved revenues of Rs 4,310 million with adjusted EBITDA margin of 10.1%. In light of our strong performance and sustained momentum across all business segments, we have recently upgraded our revenue growth guidance to 40- 45% while our EBITDA guidance continues to remain in the range of 10-11%. During the quarter, we continued to strengthen our product portfolio with the launch of two newproducts: Zaggle GlobalPay Forex Card & Zaggle × Mastercard Prepaid Card in our cards segment, each designed to enhance customer experience through smarter, safer, and more rewardingspending solutions. We also took a significant step forward by entering the retail card segment in partnership with AUSmall Finance Bank. This expansion meaningfully broadens customer offering and strengthens our position in the retail payments space. Our management team has extensive experience running aretail card portfolio, and we will leverage this to ramp up this offering to the established user network successfully. In addition, we have expanded our banking partner network by adding Standard Chartered Bank, AU Small Finance Bank, and Suryoday Small Finance Bank. With the addition of retail cards, we arenow present across multiple payment methods, including Commercial credit cards, Prepaid cards, Retail cards, and UPI. Further, with our expanded ecosystem of banking and network partners, weare looking to create new synergies and drive further growth across business lines.” Result PDF
IT Software Products company Zaggle Prepaid Ocean Services announced Q1FY26 results Revenue from operations: Rs 3,314.9 million compared to Rs 2,522.1 million during Q1FY25, change 31.4%. EBITDA: Rs 327.2 million compared to Rs 255.8 million during Q1FY25, change 27.9%. EBITDA Margin: 9.9% for Q1FY26. PAT: Rs 258.8 million compared to Rs 167.2 million during Q1FY25, change 54.8%. PAT Margin: 7.8% for Q1FY26. Raj P Narayanam, Founder & Executive Chairman, Zaggle Prepaid Ocean Services, said: “I am delighted to share that we have begun the year on a solid note, with Q1FY26 revenues reaching Rs 3,314.9 million, a 31.4% YoY growth, along with an adjusted EBITDA margin of 9.9% and a PAT margin of 7.8%. This is by far our best first-quarter performance, despite being a slower quarter in the year. With strong fundamentals in terms of growth in the total number of customers and users, healthy growth was visible across our revenue streams. Our recent strategic customer wins, such as Hindustan Pencils, ApolloHealth, Mo Engage, Novozymes, DTDC, CK Birla Healthcare, Truecaller, etc., reinforce our value proposition. We are unlocking new levels of scale and efficiency with AI at the core of our product strategy. Our AI initiatives in multiple areas, including sales automation, customer support & engagement, and bill processing, are at various stages of deployment. Our inorganic growth plans are panning out the way we had envisioned, and we are already seeing encouraging results in existing investments. Mobilware delivered a stellar performance in Q1FY26. For TaxSpanner, we anticipate significant momentum to kick in in Q2FY26 on account of an extension in the tax-filing deadline. We remain disciplined in how we evaluate and execute M&A; while we are constantly scanning the landscape for adjacencies to find the right strategic fits. We would like to reiterate our guidance for the year, with topline growth expected in the range of 35% to 40%and EBITDA margins projected between 10% and 11%.” Result PDF