Zaggle’s Q3 Profit Zooms 30% YoY To INR 20 Cr

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Fintech SaaS company Zaggle’s net profit jumped 30% to INR 19.74 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 15.22 Cr in the year-ago quarter. 

However, profit declined 3% sequentially from INR 20.29 Cr. 

Revenue from operations increased both on a year-on-year (YoY) as well as quarter-on-quarter (QoQ) basis. Zaggle’s operating revenue surged 69% to INR 336.89 Cr in Q3 FY25 from INR 199.51 Cr in the year-ago quarter. On a QoQ basis, it rose 11% from INR 302.56 Cr. 

Meanwhile, total expenses zoomed 72% YoY and…



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Zaggle’s Q3 Profit Zooms 30% YoY To INR 20 Cr


Fintech SaaS company Zaggle’s net profit jumped 30% to INR 19.74 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 15.22 Cr in the year-ago quarter. 

However, profit declined 3% sequentially from INR 20.29 Cr. 

Revenue from operations increased both on a year-on-year (YoY) as well as quarter-on-quarter (QoQ) basis. Zaggle’s operating revenue surged 69% to INR 336.89 Cr in Q3 FY25 from INR 199.51 Cr in the year-ago quarter. On a QoQ basis, it rose 11% from INR 302.56 Cr. 

Meanwhile, total expenses zoomed 72% YoY and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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