Monday, 17 August 2026 · World
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EUROS The World Financial Report
Nº 37 Monday, 17 August 2026 · World Edition
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Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY

Markets-Economic Times · 2h ago · 🇮🇳 India
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.

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