Zaggle Prepaid Q3 Profit Soars 84%, Revenue Jumps 56% on Strong Performance

• Zaggle Prepaid Ocean Services reported a net profit jump of 84.3% year-on-year to ₹36.3 crore in Q3.
• Revenue from operations surged 56% YoY to ₹525.5 crore, driven by higher transaction volumes and traction in prepaid card and employee benefits segments.
• Total income reached ₹534.2 crore, with total expenses rising to ₹484.5 crore due to increased business activity.
• Key expenses included ₹282.6 crore for point redemption and gift cards, and ₹141.7 crore for incentives and cash-back.
• For the nine months ending December 31, revenue was ₹1,289.7 crore and net profit was ₹98.2 crore, reflecting sustained operating leverage.