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…