Zaggle Sets About 40% FY27 Growth Target After Strong Q4
The growth plan leans on AI-first products, with expansion into the Middle East and the United States.
Overview
- In Q4 FY26, net profit rose 30.4% to Rs 40.6 crore and revenue climbed 49.9% to Rs 617.91 crore.
- For FY26, consolidated net profit reached Rs 138 crore and revenue totaled Rs 1,907.64 crore, up 57% and 46.3%.
- Management projected about 40% consolidated revenue growth in FY27, pointing to AI-led product rollouts and entry into MENA and the US.
- Zaggle said it has moved from an AI-led vision to execution using two AI engines, one for internal efficiency and one for customer-facing tools.
- The company named Venkatesh Ramachandran as Group CFO effective May 18, 2026, and its shares fell up to 19% in intraday trade after a small sequential margin dip raised concerns.