Zaggle's profit soars 30% in Q4 2026 as investor boosts stake
Zaggle has reported strong financial growth for the quarter ending March 2026. The company’s net profit rose by 30% year-on-year and 9% from the previous quarter, reaching ₹40.6 crore. Meanwhile, a key investor has increased its stake in the firm through an open-market purchase.
The fintech company saw operating revenue jump by 50% year-on-year and 18% quarter-on-quarter, hitting ₹617.9 crore. However, its EBITDA margin dipped slightly to 9.4%, down from 9.9% in the previous quarter.
On May 18, 2026, RAN Ventures Private Limited, a promoter group entity, bought 1 lakh equity shares of Zaggle from the open market. This purchase raised its total stake from 44.15% to 44.23%. Before the transaction, the firm already held 5.97 crore shares and convertible instruments in Zaggle. Following the announcement, Zaggle’s shares traded 0.96% higher on the BSE at ₹221.10 as of 14:52 IST. Despite this uptick, the stock has fallen by 13.4% over the past six trading sessions.
Zaggle’s latest financial results show significant revenue and profit growth, though its EBITDA margin has contracted. The company’s shares have faced recent volatility, even as a major investor continues to expand its holdings.
