Are Zaggle Prepaid latest results good or bad?

Zaggle Prepaid Ocean Services has reported its financial results for the quarter ending June 2025, showcasing a notable performance in key metrics. For the latest six months, the company achieved net sales of Rs 744.08 crore, reflecting a year-on-year growth of 41.57%. Additionally, the profit after tax (PAT) reached Rs 57.25 crore, indicating a year-on-year increase of 59.52%. These figures suggest a favorable trend in sales and profitability for Zaggle Prepaid.
However, the financial report also points out some concerns regarding the company's reliance on non-operating income, which constituted 33.70% of the profit before tax (PBT). This reliance raises questions about the sustainability of the business model in the long term.

In terms of quarterly performance, the company experienced a net sales growth of 22.33% in the quarter ended March 2025 compared to the previous quarter. The consolidated net profit also showed a significant growth of 57.67% during the same period. The operating profit margin, excluding other income, remained relatively stable, reflecting a slight change.

Overall, while Zaggle Prepaid has demonstrated strong growth in its financial metrics, the noted reliance on non-operating income may present challenges ahead. Additionally, the company saw an adjustment in its evaluation based on the latest results.