Zaggle Prepaid Ocean Services Share Price Hits 20% Lower Circuit After Q1 FY27 Earnings Results

On August 14, 2026, Zaggle Prepaid Ocean Services Limited released its consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.  

The company reported a total income of ₹429.86 crore and net profit of ₹17.53 crore for the June 2026 quarter. 

Zaggle Prepaid Ocean Services Q1 FY27 Earnings Results 

In the June 2026 quarter, Zaggle Prepaid Ocean Services Limited reported a total income of ₹429.86 crore, marking a 25.1% increase from ₹343.67 crore in the June 2025 quarter.  

Despite this growth, the income saw a decline of 31.4% from the previous quarter, which recorded ₹626.32 crore in March 2026. 

The net profit for the June 2026 quarter stood at ₹17.53 crore, reflecting a 32.9% decrease from ₹26.11 crore in the same period last year.  

Additionally, the profit dropped by 56.8% from ₹40.60 crore in the March 2026 quarter. 

Annual Financial Performance for FY26 

For the financial year 2026, Zaggle Prepaid Ocean Services Limited's total income amounted to ₹1,945.65 crore. The net profit for the year was recorded at ₹138.76 crore. 

Acquisition Impact on Core EBITDA 

Adjusted EBITDA stood at ₹34.74 crore, which is an increase of 4.0 per cent year-on-year. However, the adjusted EBITDA margin fell from 10.1 per cent to 8.2 per cent. 

The margin compression happened due to transaction costs, professional relocations, and integration expenses from the Dice deal. Added employee increments and Zagg.Money costs also pushed expenses higher. 

Strategic Capital Investments and Partnerships 

The company completed an investment of ₹8 crore in Unobanc Private Limited. This corporate entity holds an Authorized Dealer Category II license from the Reserve Bank of India. 

This move expands financial capabilities in cross-border payments, remittance structures, and foreign exchange cards. It helps the company target both corporate clients and retail users. 

Read More: Bharat Dynamics Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 101.8% YoY! 

Zaggle Prepaid Ocean Services Share Price Performance 

As of August 17, 2026, at 11:07 AM, Zaggle Prepaid Ocean Services share price on NSE was trading at ₹160.48, down by 20.00% from the previous closing price. 

Conclusion 

Zaggle Prepaid Ocean Services Limited's June 2026 quarter results show a 25.1% YoY increase in total income to ₹429.86 crore, while net profit decreased by 32.9% YoY to ₹17.53 crore. The FY26 total income was ₹1,945.65 crore, with a net profit of ₹138.76 crore. 

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