Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
- Posted on August 17, 2026
- By Business News Today
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- 1 min read
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Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
Zaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despite strong revenue growth. Margin pressure from Dice acquisition-related expenses weighed on earnings, while the company continues to focus on integrating acquisitions, scaling AI and expanding its fintech offerings.
