2 weeks ago

Zaggle Q1 Net Profit Dips, Revenue Up 27.5%

Zaggle Q1 Net Profit Dips, Revenue Up 27.5%
Zaggle Q1 results: Net profit dips 33%, revenue up 27.5% · thehindubusinessline.com

Zaggle is a company that makes software to help businesses manage prepaid cards and payments.

Every few months, companies share how much money they made.

In the first quarter of the year, Zaggle earned more money from its customers than it did last year.

But the profit it kept at the end was less than before.

That happened because the company spent a lot on buying another company called Dice and moving its workers.

Zaggle's leader said they are focusing on improving the business and using more AI.

The company also invested some money to help with payments between countries.

Zaggle now has over 4 million users.

The money from the new company they bought will start showing up in the next quarter.

The company hopes things will get better then.

Key facts

Company
Zaggle Prepaid Ocean Services
Quarter
Q1 FY27 (ended June 30, 2026)
Net profit
₹17.53 crore (down 32.9% YoY)
Revenue from operations
₹423.26 crore (up 27.5% YoY)
Adjusted EBITDA margin
8.2% (down from 10.1%)
User base
4.02 million (up 18.6% YoY)
Investment
₹8 crore in Unobanc Pvt Ltd
Publication date
August 16, 2026

Sources

Related news