Key Highlights
- Zaggle reports record Q3 FY26 performance across key financial metrics.
- Revenue rises 47.9% YoY to ₹497.6 crore with 15.5% QoQ growth.
- Adjusted EBITDA increases 62.9% YoY to ₹51.3 crore.
- PAT jumps 77.7% YoY to ₹36.0 crore reflecting strong margin expansion.
- 9M FY26 revenue reaches ₹1,260.1 crore, up 41.4% YoY.
- 9M FY26 PAT grows 71.3% YoY to ₹95.1 crore, surpassing FY25 full-year profit.
- Program fees cross ₹200 crore milestone for the first time.
- Cash PAT rises 76.0% YoY to ₹46.1 crore in Q3 FY26.
- AI-led automation rollout begins to enhance compliance and spend workflows.
- Global expansion planned via GIFT City subsidiary and Abu Dhabi entry.
Zaggle Prepaid Ocean Services Limited, a SaaS-based fintech platform specialising in spend management and corporate payments, reported record financial results for the quarter ended December 31, 2025 (Q3 FY26). The company delivered strong sequential and annual growth, supported by enterprise adoption, increased transaction volumes, and operating leverage across its platform.
Zaggle q3 2026 Revenue
Zaggle reported revenue from operations of ₹497.6 crore in Q3 FY26, compared with ₹430.9 crore in Q2 FY26, reflecting a QoQ increase of 15.5 percent.
On a year-on-year basis, revenue rose from ₹336.4 crore in Q3 FY25, registering a 47.9 percent YoY growth, driven by higher program fees, platform usage, and client expansion.
For the nine months ended December 31, 2025, revenue stood at ₹1,260.1 crore, compared with ₹891.2 crore in the corresponding period last year, marking a 41.4 percent increase.
Zaggle q3 2026 EBITDA
Adjusted EBITDA for Q3 FY26 stood at ₹51.3 crore, compared with ₹43.7 crore in Q2 FY26, showing a QoQ growth of 17.2 percent.
On a YoY basis, EBITDA increased from ₹31.5 crore in Q3 FY25, reflecting a 62.9 percent rise, supported by scale efficiencies and improved monetisation.
EBITDA margin improved to 10.3 percent in Q3 FY26, compared with 9.4 percent in Q3 FY25, indicating operating leverage.
For 9M FY26, EBITDA reached ₹127.7 crore, up 47.5 percent YoY from ₹86.6 crore.
Zaggle q3 2026 Profit After Tax (PAT)
PAT for Q3 FY26 came in at ₹36.0 crore, compared with ₹33.2 crore in Q2 FY26, representing a QoQ increase of 8.2 percent.
On a YoY basis, PAT rose sharply from ₹20.2 crore in Q3 FY25, translating into a 77.7 percent growth, one of the strongest improvements among listed fintech players this quarter.
For the nine-month period, PAT stood at ₹95.1 crore, compared with ₹55.5 crore in the previous year period, registering a 71.3 percent YoY increase.
PAT margin improved to 7.2 percent in Q3 FY26, versus 6.0 percent in Q3 FY25.
Zaggle q3 2026 Cash Profit (Cash PAT)
Cash PAT for Q3 FY26 was ₹46.1 crore, compared with ₹40.4 crore in Q2 FY26, reflecting a 14.0 percent sequential rise.
On a YoY basis, it increased from ₹26.2 crore in Q3 FY25, marking a 76.0 percent growth, indicating strong cash-generating ability.
For 9M FY26, Cash PAT reached ₹121.2 crore, up 68.3 percent YoY.
Zaggle q3 2026 Strategic and Operational Highlights
During the quarter, Zaggle transitioned from an AI-led vision to execution, deploying agentic AI workflows to automate vendor reconciliation, compliance monitoring, and end-to-end spend approval processes, improving efficiency for enterprise customers.
The company also approved the formation of its wholly owned subsidiary, Zaggle Payments IFSC Ltd, in GIFT City to strengthen its global payments and financial services presence.
As part of its international expansion strategy, Zaggle is establishing a presence in Abu Dhabi to enter the Middle East and North Africa (MENA) market.
On the inorganic growth front, the company completed the acquisition of Greenedge Limited, enhancing its rewards and loyalty capabilities. It is also finalising the acquisition of Rio Money, now rebranded as Zagg.Money, which introduces a fourth monetisation pillar targeting a salaried user base of over 3.7 million individuals.