Zaggle

Ashish Kacholia-backed Zaggle shares rebounded from an intraday record low and rose 3.36% on Aug 18, when the rally in the stock began.

Vijay Kedia-led Kedia Securities purchased 2 million equity shares representing 1.5% equity of Zaggle at an average price of 164.72 per share on Tuesday, August 18 via open market deals on the NSE.

Zaggle Prepaid shares nosedived 20% on Monday after the company reported a 33% drop in Q1FY27 net profit and shrinking EBITDA margins despite revenue growth.

Fintech firm Zaggle reported a 32.9 per cent decline in consolidated net profit to 17.53 crore for the first quarter ended June 30, 2026.

Zaggle said EBITDA margins were impacted by several factors, including expenses related to the acquisition of Dice, such as transaction costs, one-time vendor payments and relocation expenses for more than 100 professionals.

Zaggle's Q1 results show a 33% drop in net profit despite a 27.5% increase in revenue, highlighting strategic transformation efforts.

Zaggle's revenue rose to 423 crore, but costs related to the Dice and Zagg.Money acquisitions weighed on profitability, with EBITDA margin falling to 7.3%.

Zaggle Prepaid Ocean Services announces a Rs 7.96 crore investment in Unobanc Private Limited, gaining a 19.9% equity stake to expand its financial services offerings and cross-border payment capabilities.

AU SFB and Zaggle launch a co-branded retail credit card offering Zagg Coins-to-cashback rewards, UPI and contactless benefits, and personalized Value Passes.

Zaggle Prepaid Ocean Services will acquire the core assets of AI-enabled spend management platform Dice in an all-cash deal worth about 68 crore. The asset purchase includes software, codebase, IP, contracts, domain names and key tech talent, aimed at fas