Mumbai, Aug. 18 -- Profit before tax (PBT) rose 51.8% YoY to Rs 34.56 crore in Q1 FY26 from Rs 22.76 crore recorded in Q1 FY25.

Reported EBITDA stood at Rs 30.90 crore in Q1 FY26, registering a growth of 37.7% compared with the Rs 22.43 crore posted in the same quarter last year. The reported EBITDA margin improved to 9.3% in Q1 FY26 as against 8.9% in Q1 FY25.

Raj P Narayanam, founder and executive chairman of Zaggle Prepaid Ocean Services, said, "I am delighted to share that we have begun the year on a solid note, with Q1FY26 revenues reaching INR3,314.9 Mn, a 31.4% YoY growth, along with an adjusted EBITDA margin of 9.9% and a PAT margin of 7.8%. This is by far our best first-quarter performance, despite being a slower quarter in the...