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Zaggle shares crash 20%, hit lower circuit after Q1 PAT declines 33% YoY
The Economic Times· 2026-08-17 13:34
Revenue from operations rose 27.5% year-on-year to Rs 423.27 crore from Rs 331.97 crore in the same quarter last year, according to a regulatory filing. Adjusted EBITDA rose 4% YoY to Rs 34.74 crore from Rs 33.42 crore in the June quarter of FY26.However, the adjusted EBITDA margin declined to 8.2% in Q1FY27 from 10.1% in the corresponding quarter of FY26. The company attributed the decline to expenses related to the Propel margins surged on the back of a strong performance from Greenedge as well as overri ...