Are Zaggle Prepaid latest results good or bad?

Zaggle Prepaid Ocean Services has reported notable financial results for the quarter ending March 2025, reflecting significant growth across various key metrics. The company's net sales reached Rs 412.11 crore, which is a substantial increase compared to the average of the previous four quarters. This marks the highest quarterly sales performance in the last five quarters, indicating a strong sales trend.
Profit After Tax (PAT) also demonstrated considerable growth, rising to Rs 31.14 crore, which is the highest PAT recorded in the last five quarters. This reflects a favorable trend in the company's profitability. Additionally, both Operating Profit (PBDIT) and Profit Before Tax (PBT) reached their highest levels in five quarters, at Rs 35.92 crore and Rs 28.56 crore, respectively.

However, it is important to note that the company experienced a significant increase in non-operating income, which reached Rs 12.72 crore. This aspect raises questions regarding the sustainability of such income.

In terms of quarterly performance, the company reported a quarter-on-quarter growth in net sales of 22.33% compared to the previous quarter. The consolidated net profit also saw a quarter-on-quarter growth of 57.67%, indicating a positive shift in profitability. Furthermore, the operating profit margin, excluding other income, remained stable.

Overall, Zaggle Prepaid Ocean Services has demonstrated strong operational trends in its latest financial results, and the company saw an adjustment in its evaluation based on these outcomes.