Zaggle Q1 FY27 Revenue ₹4,232.7 Mn, PAT ₹347.4 Mn

Zaggle Prepaid Ocean Services Limited announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations stood at ₹4,232.7 million, a notable increase from ₹3,319.7 million in Q1 FY26. Adjusted EBITDA was ₹347.4 million, down from ₹334.2 million in the prior year period, with an Adjusted EBITDA Margin of 8.2% compared to 10.1% in Q1 FY26. The company highlighted that the EBITDA margin reduction was due to expenses related to the Dice acquisition, including transaction costs and relocation expenses, with Dice's revenue expected to reflect from Q2 FY27. Zaggle also announced an investment of ₹80 million in Unobanc Private Limited to strengthen its cross-border payment capabilities. The company acquired marquee clients like Hindalco and IDFC First Bank through the Dice acquisition, leveraging its technical expertise for AI roadmap acceleration.